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Commerce · Q578

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 578

Q578

Consider the following statements. Statement-I: Served From India Scheme (SFIS) has been replaced with Service Exports from India Scheme (SEIS). Statement-II: The rate of reward under SEIS would be based on net foreign exchange earned.

A.
Statement-I is correct, but statement-II is incorrect
B.
Statement-II is correct, but statement-I is incorrect
C.
Both the statements-I and II are incorrect
D.
Both the statements-I and II are correct
Answer

Answer: Option D

Solution

Answer: Option D
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