2026 Current Affairs practice question for Railways, SSC, UPSC. Select an option to check your answer, read the explanation and continue practicing.
Consider the following statements regarding 'Niryat Prothsahan': 1. It operates under the Export Promotion Mission. 2. It provides interest subvention on pre- and post-shipment export credit. 3. Eligible lending institutions must follow the scheme as well as RBI regulations. 4. Exporters are required to submit claims according to prescribed procedures for reimbursement. 5. Interest subvention is restricted to export credit covered under the scheme. Which of the statements given above are correct?
Correct Answerसही उत्तर
D. 1, 2, 3, 4 and 5D. 1, 2, 3, 4 और 5
Explanationव्याख्या
All five statements are correct according to the source.
Niryat Prothsahan is described as an interest-subvention measure under the Export Promotion Mission.
Its specific financial support applies to pre-shipment and post-shipment export credit, so statements 1 and 2 are correct.
The source further states that eligible lending institutions must extend the subvention in accordance with both the scheme and Reserve Bank of India regulations, making statement 3 correct.
This ensures that the interest-support mechanism remains integrated with existing banking and credit-regulation standards.
Exporters are also required to submit claims in accordance with prescribed procedures for reimbursement, which makes statement 4 correct.
Importantly, the interest subvention is strictly applicable only to export credit covered under the scheme.
It is therefore not a blanket interest subsidy on every loan taken by exporters, confirming statement 5.
The source states that the broader purpose of Niryat Prothsahan is to enhance India's export competitiveness and financially support exporters.
It also emphasises compliance with RBI's extant regulatory instructions for smooth implementation.
This initiative should be studied together with, but distinguished from, Market Access Support under the broader Export Promotion Mission.
MAS focuses on improving global reach, visibility, market diversification and access for first-time exporters and MSMEs, while Niryat Prothsahan addresses export-credit costs through interest subvention.
Competitive examinations may ask whether the scheme applies to domestic consumer credit, housing loans or general working-capital loans unrelated to exports; such statements would not follow the source.
Revision chain: EPM → Niryat Prothsahan → pre
post-shipment export credit → interest subvention → RBI-compliant lending institutions → prescribed exporter claims → reimbursement → restricted to covered export credit → export competitiveness.
Since every one of the five statements accurately reflects the source, option D is correct.
सभी पाँच statements source के अनुसार सही हैं। Niryat Prothsahan को Export Promotion Mission के under interest-subvention measure के रूप में describe किया गया है। इसका financial support specifically pre-shipment और post-shipment export credit पर applicable है, इसलिए statements 1 और 2 correct हैं। Source आगे बताता है कि eligible lending institutions को subvention scheme और Reserve Bank of India regulations के अनुसार extend करना होगा, इसलिए statement 3 भी सही है। इससे interest-support mechanism existing banking और regulatory framework के साथ integrated रहता है। Exporters को reimbursement के लिए prescribed procedures के अनुसार claims submit करने होते हैं, इसलिए statement 4 correct है। सबसे important limitation यह है कि interest subvention strictly केवल scheme में covered export credit पर applicable है। इसलिए यह exporters के हर प्रकार के loan पर blanket interest subsidy नहीं है। Statement 5 भी सही है। Source के अनुसार broader objective India की export competitiveness enhance करना और exporters को financial support देना है। Smooth implementation के लिए RBI की extant regulatory instructions के compliance को emphasise किया गया है। इसे same Export Promotion Mission की Market Access Support scheme से distinguish करें। MAS global reach, visibility, market diversification और first-time exporters/MSMEs support पर focus करती है, जबकि Niryat Prothsahan export-credit cost reduce करने के लिए interest subvention देता है। Exam में domestic consumer loan, housing loan या non-export working-capital loan को covered बताकर trap बनाया जा सकता है। Revision chain: EPM → Niryat Prothsahan → pre/post-shipment export credit → interest subvention → RBI regulations → prescribed claims → reimbursement → only covered export credit → export competitiveness। इसलिए सभी पाँच statements सही हैं और option D correct answer है।
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