The Customs Act, 1962

The Foreign Trade (Development and Regulation) Act, 1992

The Export-Import Policy, 2015-2020

The Directorate General of Foreign Trade (DGFT) Regulations

To protect national security

To safeguard public health and safety

To promote economic development

To prevent environmental degradation

The Central Board of Indirect Taxes and Customs (CBIC)

The Directorate General of Foreign Trade (DGFT)

The Ministry of Commerce and Industry

The Reserve Bank of India (RBI)

Goods that are illegal to import or export

Goods that are subject to import or export restrictions

Goods that are subject to customs duties

Goods that are subject to excise duties

Goods that are subject to import or export quotas

Goods that are subject to import or export licenses

Goods that are subject to import or export prohibitions

Goods that are subject to import or export duties

A quota is a quantitative restriction on the amount of a good that can be imported or exported, while a license is a permission to import or export a specific quantity of a good.

A quota is a qualitative restriction on the type of good that can be imported or exported, while a license is a permission to import or export a specific type of good.

A quota is a temporary restriction on the import or export of a good, while a license is a permanent restriction.

A quota is a restriction imposed by the government, while a license is a restriction imposed by the private sector.

To control the quantity of a good that can be imported or exported

To ensure that the good meets certain quality or safety standards

To protect national security or public health and safety

To generate revenue for the government

Confiscation of the goods

Fines or penalties

Imprisonment

All of the above

A system for classifying goods for customs purposes

A system for classifying goods for statistical purposes

A system for classifying goods for transportation purposes

A system for classifying goods for insurance purposes

To facilitate international trade

To ensure that goods are classified correctly for customs purposes

To collect accurate customs duties

To prevent the smuggling of prohibited or restricted goods

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A tariff is a tax or duty imposed on imported goods, while a non-tariff barrier is a restriction on the import or export of goods that is not a tax or duty.

A tariff is a tax or duty imposed on exported goods, while a non-tariff barrier is a restriction on the import or export of goods that is not a tax or duty.

A tariff is a tax or duty imposed on both imported and exported goods, while a non-tariff barrier is a restriction on the import or export of goods that is not a tax or duty.

A tariff is a restriction on the import or export of goods that is not a tax or duty, while a non-tariff barrier is a tax or duty imposed on imported goods.

Import quotas

Export licenses

Technical regulations

Sanitary and phytosanitary measures

An international organization that regulates trade between countries

An international organization that promotes free trade between countries

An international organization that resolves trade disputes between countries

All of the above

To ensure that trade flows smoothly and predictably

To promote the liberalization of trade

To resolve trade disputes

To promote sustainable development