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      Question

      What is the effective import duty on edible oils after

      the recent government revision?
      A 10% Correct Answer Incorrect Answer
      B 20% Correct Answer Incorrect Answer
      C 27.5% Correct Answer Incorrect Answer
      D 32.5% Correct Answer Incorrect Answer
      E 15% Correct Answer Incorrect Answer

      Solution

      The government raised the effective import duty on edible oils to 27.5%, which is a combination of a basic duty increase from 0% to 20% and additional duties, to support domestic oilseed farmers.

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