New Foreign Trade Policy has been launched on 31st March, 2023 and came in to effect from ______, 2023.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 1st April.
The new Foreign Trade Policy was launched on March 31, 2023, and came into effect from April 1, 2023. This policy aims to enhance India’s export competitiveness and streamline trade regulations. It includes various measures to support exporters, improve ease of doing business, and boost the country's overall trade performance. The policy is designed to adapt to the evolving global trade environment and support India's economic growth through strategic international trade practices.