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This question belongs to Management Foreign Trade Policy
Foreign Trade Policy
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Match the following with respect to the negative list of imports.
List-I List-II
a. Freely importable 1. They are the items that are allowed to be imported by specific public sector agencies
b. Prohibited list 2. These are the items which are allowed to be imported only after importing license by the actual users of the import
c. Restricted list 3. It comprises of items that are totally banned
d. Canalised list 4. There are no quantitative restriction

Answer & Solution
Correct Answer: Option B
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