Civil Services UPPSC RO ARO 2024-25 Mock Tests Series General Knowledge Economy External Sector and Currency Exchange rate
Consider the following statements regarding the EPCG scheme.
1. It enables an importer to import capital goods at zero rates of customs duty.
2. Second-hand capital goods can not be imported under this scheme.
3. The scheme was launched by the Directorate General of Foreign Trade.
Which among the above statements is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3