Which of the following is NOT one of the pillars of Export Preparedness Index of India?
I. Export policy
II. Business environment
Show answer & explanation
Correct answer: D
Explanation
The Export Preparedness Index assesses the export potential of India's states. It is released by NITI Aayog and the Ministry of Commerce. Its key pillars comprise components such as Policy, Business Ecosystem, Export Ecosystem, and Export Performance. Among the given options, 'Export Policy' and 'Business Environment' are not direct pillars of this index; therefore, both statements are considered incorrect. The objective of this index is to encourage states to formulate export-oriented policies.