Directorate General of Safeguards under Finance ministry
Q. Directorate General of Safeguards is under -- Published on 13 Jan 16a. Ministry of Commerce and Industry
b. Ministry of Finance
c. Ministry of Heavy Industries
d. Ministry of Health
ANSWER: Ministry of Finance
- Directorate General of Safeguards investigates the existence of threat of market disruption to domestic industry as consequence of increased import of an article into India
Depending upon threat it recommends Safeguard duties.
Safeguard duty is a WTO - compatible temporary measure that is brought in for a certain time frame to avert any damage to a country’s domestic industry from cheap imports.
