CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The central government has waived off the import duty on which drug?
A
Covishield
B
Sputnik-V
C
Remdesivir
D
Covaxin
Explanation: 

Detailed explanation-1: -Accordingly, the cess creates an inverted duty structure for the met coke manufacturers, and hence the 5 per cent import duty on coke becomes more critical, ” the Association said in its letter to the finance minister.

Detailed explanation-2: -As GMK Center reported earlier, in November 2022, the Government of India has lifted export duties on iron ore and certain steel products introduced in May 2022. At the same time, the import duty on anthracite and coking coal was again raised to 2.5%, the duty on the import of coke and semi-coke – 5%.

Detailed explanation-3: -For instance, coking coal, anthracite, and ferro nickel imports all have a 2.5 per cent import duty now, and met coke and lam coke imports are at 5 per cent, respectively.

There is 1 question to complete.