PRELIMS 2011 · ENVIRONMENT

In the Union Budget 2011-12, a full exemption from basic customs duty was extended to the…

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Question

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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