Question
India has recently agreed to bring down the import duty on some fresh and processed food items to settle the dispute between New Delhi & Washington at WTO.Which of the following statements is true with respect to the given information-
India has recently agreed to bring down the import duty on some fresh and processed food items to settle the dispute between New Delhi & Washington at WTO.Which of the following statements is true with respect to the given information-
I. The import duty is going to be cut down to 5-10 percent on some fresh and processed food items.
II. These fresh and processed food items include frozen turkey, frozen duck, fresh/frozen/dried/processed blueberries, and cranberries.
III. Currently, these items attract import duty of around 40-45 per cent.
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