CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This ministry imposed an anti-dumping duty for 18 months on a Chinese synthetic rubber, recently.
A
Ministry of Micro, Small and Medium Enterprises
B
Ministry of Agriculture and Farmers’ Welfare
C
Ministry of External Affairs
D
Ministry of Commerce and Industry
Explanation: 

Detailed explanation-1: -The Directorate General of Trade Remedies (DGTR) (earlier known as Directorate General of Anti-Dumping & Allied Duties) is an attached office of the Department of Commerce, Ministry of Commerce & Industry.

Detailed explanation-2: -Anti-dumping and anti-subsidies are administered by the Directorate General of Anti-Dumping and Allied Duties (DGAD), which is operated by the Ministry of Commerce and Industry, and headed by the “Designated Authority”.

Detailed explanation-3: -The recommended anti-dumping duty ranges from $114 per tonne to $3,801 per tonne of stainless pipe and tubes of different grades. NEW DELHI : The Centre has imposed anti-dumping duty on stainless steel seamless tubes and pipes imported from China for five years to remove “injury” to the domestic industry.

Detailed explanation-4: -Such duty is finally imposed/levied by a Notification of the Ministry of Finance. Thus, while the Department of Commerce recommends the Anti-dumping duty, it is the Ministry of Finance, which levies such duty.

There is 1 question to complete.