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UPSC CDS 1 2018 English Paper

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Question : 47 of 120

Marks: +1, -0

SI : Union finance ministry announced a series of concessions to trade and industry last month.

S6 : Manufacturers "feel that prices of certain components may not be brought down because of the imposition of a 30 per cent duty where there was none earlier.

P : Together, these will result in a loss of revenue of Rs. 100 crore to the exchequer.

Q : Earlier, these were attracting customs duty varying from zero to 100 per cent.

R : The chunk of the relief of Rs. 60 crore has gone to the electronics industry.

S : Raw materials and piece parts now carry customs duty of 30 per cent and 40 per cent ad valorem respectively.

The correct sequence should be

R S Q P
P R S Q
S Q P R
Q P R S

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