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

Question

In the Union Budget 2011-12, a full exemption from the basic customs duty was extended to the bio-based asphalt (bioasphalt). What is the importance of this material?
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?

Accepted Answer

The correct option is B because of the following reasons:

Statement 1 is correct: Traditional asphalt is derived from petroleum, a fossil fuel. Bioasphalt serves as a substitute that does not rely on petroleum bitumen.

Statement 2 is incorrect: By definition, bioasphalt is derived from biological sources which are renewable. The statement claiming it can be made from non renewable resources contradicts the basic nature of a bio based product.

Statement 3 is correct: Bioasphalt can be produced from various organic waste materials such as agricultural residue, non food vegetable oils, and municipal solid waste.

Statement 4 is correct: Using bioasphalt is eco friendly because it reduces the carbon footprint, utilizes waste materials, and decreases the dependency on fossil fuels.

Since statements 1, 3, and 4 are correct and statement 2 is logically flawed, option B is the right choice.

Answer

1, 2 and 3 only

Answer

1, 3 and 4 only

Answer

2 and 4 only

Answer

1, 2, 3 and 4

Explanation

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