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    5. What rate of safeguard duty was imposed by the Centre to protect the Indian steel sector?

    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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