India’s First National Time Release Study (TRS)

Published on August 02, 2019
Current context: India’s first national Time Release Study (TRS) is to be conducted between 1st – 7th August by the Department of Revenue, Ministry of Finance.
India’s First National Time Release Study (TRS)
  • The exercise is conducted to improve global trade and remove barriers to smoothen the trade flow. 
  • The Time Release Study (TRS) is advocated by the World Customs Organization, and it is an internationally recognized tool to measure the efficiency of international trade flows.
  • The initiative will strengthen governance over cargo trade and has the aim to identify/address bottlenecks of border procedures and benefitting export-oriented industries and MSMEs.
  • Earlier, Individual customers conducted TRS studies at the port and now with the national TRS, it will be conducted across 15 ports including air, sea, land and dry ports.
  • With the results of TRS, government agencies would know the cross border bottlenecks/barriers to flow of trade and timely release of cargo.
  • The exercise will be conducted annually during the same period every year.

Question: 

Q.1 The National Time Release Study (TRS) is associated with?
a. Agriculture
b. Cargo Trade
c. Health
d. Education

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students prepaing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu