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What is NFEP and how is it calculated?

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What is NFEP and how is it calculated?

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R. Net Foreign Exchange Earnings as a Percentage of exports (NFEP). The formula for calculation of NFEP is A B / A * 100 A = FOB value of Exports B = Value of Imported Capital goods, raw materials and outgo of foreign exchange by way of Dividends, royalty, selling commission, foreign travel etc.

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