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      Question

      What rate of safeguard duty was imposed by the Centre to

      protect the Indian steel sector?
      A 10% Correct Answer Incorrect Answer
      B 8% Correct Answer Incorrect Answer
      C 15% Correct Answer Incorrect Answer
      D 12% Correct Answer Incorrect Answer
      E 5% Correct Answer Incorrect Answer

      Solution

      To shield domestic steel manufacturers from import surges and ensure fair competition, the Indian government imposed a 12% safeguard duty on non-alloy and alloy steel flat products.

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