65th B.P.S.C. (Pre) 2019

What is the full form of EPCG?

aExport Promotion Consumer Goods
bExchange Programme for Consumer Goods
cExport Promotion Capital Goods✓ Correct
dExpert Programme for Credit Generation
eNone of the above/More than one of the above

Explanation

EPCG stands for Export Promotion Capital Goods. Its objective is to facilitate the import of capital goods to enhance the export capability of goods and services and to increase export competitiveness.

general-science