2026 Current Affairs practice question for Railways, SSC, UPSC. Review the correct answer and explanation, then continue with related practice below.
Consider the following statements regarding the Market Access Support (MAS) Scheme: 1. It has an outlay of ₹4,531 crore for FY26-31. 2. It was launched under the ₹25,060 crore Export Promotion Mission. 3. It focuses particularly on first-time exporters, MSMEs and priority sectors. 4. Agriculture, leather, handloom and toys are among the priority sectors mentioned in the source. 5. The scheme is specifically designed as a countermeasure to United States tariffs. Which of the statements given above are correct?
Correct Answerसही उत्तर
B. 1, 2, 3 and 4 onlyB. केवल 1, 2, 3 और 4
Explanationव्याख्या
The correct answer is statements 1, 2, 3 and 4 only.
According to the source, the Government launched a ₹4,531 crore Market Access Support, or MAS, scheme for the FY26-31 period.
Its purpose is to improve the global reach, visibility and competitiveness of Indian exporters.
The programme pays particular attention to first-time exporters, Micro, Small and Medium Enterprises, and enterprises operating in priority sectors.
The source specifically lists agriculture, leather, handloom and toys among these sectors.
The MAS scheme forms part of the larger ₹25,060 crore Export Promotion Mission, which had been approved by the Union Cabinet.
Therefore statements 1, 2, 3 and 4 are correct.
Statement 5 is incorrect because the source explicitly clarifies that MAS is meant to address long-term challenges faced by exporters and is not intended as a countermeasure to United States tariffs.
This distinction is examination-worthy because an export-support initiative launched during a period of tariff tensions can easily be misinterpreted as a short-term retaliatory measure.
The source instead presents MAS as a structural export-promotion intervention.
It also mentions ₹500 crore allocated for the current fiscal and ₹330 crore in arrears that are to be cleared at the earliest.
Another important feature is diversification.
MAS focuses on diversification of export products, markets and beneficiaries so that a wider range of firms can access support.
For revision, remember: MAS → ₹4,531 crore → FY26-31 → Export Promotion Mission ₹25,060 crore → first-time exporters + MSMEs → agriculture, leather, handloom, toys → global reach, visibility and competitiveness → ₹500 crore current-year allocation → ₹330 crore arrears → product, market and beneficiary diversification → long-term exporter support → not a US-tariff countermeasure.
Hence option B is correct.
सही उत्तर statements 1, 2, 3 और 4 only है। Source के अनुसार Government ने FY26-31 के लिए ₹4,531 crore की Market Access Support यानी MAS scheme launch की। इसका उद्देश्य Indian exporters की global reach, visibility और competitiveness improve करना है। Programme का विशेष focus first-time exporters, Micro, Small and Medium Enterprises यानी MSMEs तथा priority sectors में काम करने वाली firms पर है। Source agriculture, leather, handloom और toys को specifically priority sectors के रूप में mention करता है। MAS larger ₹25,060 crore Export Promotion Mission का हिस्सा है, जिसे Union Cabinet द्वारा approve किया गया था। इसलिए statements 1, 2, 3 और 4 सही हैं। Statement 5 गलत है क्योंकि source स्पष्ट रूप से कहता है कि MAS exporters की long-term challenges address करने के लिए बनाई गई है और United States tariffs के countermeasure के रूप में intended नहीं है। यह distinction exam के लिए important है क्योंकि tariff tensions के समय launch हुई export-support scheme को short-term retaliatory measure समझने का trap हो सकता है। Source MAS को structural export-promotion intervention के रूप में present करता है। Current fiscal के लिए ₹500 crore allocation और ₹330 crore arrears clear करने की बात भी source में है। Scheme export-product diversification, market diversification और beneficiary diversification पर भी focus करती है ताकि अधिक exporters support access कर सकें। Revision chain: MAS → ₹4,531 crore → FY26-31 → Export Promotion Mission ₹25,060 crore → first-time exporters + MSMEs → agriculture + leather + handloom + toys → global reach + visibility + competitiveness → ₹500 crore current fiscal → ₹330 crore arrears → product + market + beneficiary diversification → long-term challenges → not a US tariff countermeasure। इसलिए option B सही है।
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