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      Question

      As per the revised government policy in 2025, what is the total effective import duty on crude edible oils in India?

      A 10% Correct Answer Incorrect Answer
      B 16.5% Correct Answer Incorrect Answer
      C 27.5% Correct Answer Incorrect Answer
      D 32.5% Correct Answer Incorrect Answer
      E 35.75% Correct Answer Incorrect Answer

      Solution

      In May 2025, the Government of India further reduced the total effective import duty on crude edible oils to 16.5% as part of efforts to control inflation and support the domestic refining industry. This reduction ensures a steady supply for consumers while stabilizing prices, especially after global oil shocks.

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