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1 310
Service tax was introduced in India on the recommendation of:
(a) Kelkar Committee
(b) Dr. Raja J Challiah Committee
(c) Dr. Man Mohan Singh Committee
(d) Dr. Yashwant Sinha Committee
Answer:B
1 310
A quota protects domestic producers by:
lowering the domestic price
encouraging competition among domestic producers
setting an absolute limit on the amounts of imports
placing a prohibitive tax on imports
Answer:3
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