CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not part of the four countries on which India will impose anti-dumping duty on imports of certain cold-rolled steel products
A
China
B
Japan
C
Ukraine
D
Russia
Explanation: 

Detailed explanation-1: -Indian govt decides not to impose anti-dumping duty on China The government has decided not to impose an anti-dumping duty on Chinese metal cutter wheels as the finance ministry has not accepted the recommendations of the Directorate General of Trade Remedies (DGTR) for imposing the levy.

Detailed explanation-2: -World Trade Organisation (WTO) rules permit the imposition of anti-dumping duties. India and China are both members of this multilateral organisation based in Geneva.

Detailed explanation-3: -BENGALURU, Dec 21 (Reuters)-India has imposed an anti-dumping duty on stainless steel seamless tubes and pipe imports from China for five years to remove “injury” to the domestic industry, according to a government notification.

There is 1 question to complete.