In the Union Budget 2011-12, a full exemption from basic customs duty was extended to the bio-based asphalt (…
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In the Union Budget 2011-12, a full exemption from basic customs duty was extended to the bio-based asphalt (bioasphalt). What is the importance of this material?
1. Unlike traditional asphalt, bio-asphalt is not based on fossil fuels.
2. Bioasphalt can be made from non-renewable resources.
3. Bioasphalt can be made from organic waste materials.
4. It is eco-friendly to use bioasphalt for surfacing of the roads.
Which of the statements given above are correct?
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• Correct Answer: B
• Bio-asphalt uses renewable organic waste and plant-based oils instead of fossil fuels, making it eco-friendly for road surfacing.
• It is characterized by renewable, not non-renewable, resources.
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