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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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