Question

___ formulates implements and monitor FTP
1)commerce minister
2)department of commerce
3)HRD
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Answer 1

Answer:

(1)commerce minister

Explanation:

hope it helps

Answer 2

The department of commerce formulates implements and monitor FTP

• FTP stands for Foreign Trade Policy which is a set of procedures to efficiently manage foreign trade in our country. It will ultimately lead to economic progress.
• The Directorate General of Foreign Trade(DGFT) is directly responsible to formulate, implement and monitor FTP. It comes under the Department of Commerce and Industry.
• Thus, the ministry of commerce (Option 2) is the right answer.