CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which commodity did Union Government allows import of 3 lakh metric tonnes and also through southern ports at concessional duty of 25 %?
A
Tea
B
Coffee
C
Raw Sugar
D
Onions
Explanation: 

Detailed explanation-1: -What Is an Anti-Dumping Duty? An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.

Detailed explanation-2: -tariff, also called customs duty, tax levied upon goods as they cross national boundaries, usually by the government of the importing country. The words tariff, duty, and customs can be used interchangeably.

There is 1 question to complete.