A
A temporary transit camp managed directly by the Ministry of Rural Development.
B
A secured zone where imported goods are stored before customs duties are paid or re-exported.
C
An international waters corridor where national tax laws do not apply under any circumstances.
D
A retail zone exclusively reserved for domestic products sold without excise duty.
Correct answer: (b) A secured zone where imported goods are stored before customs duties are paid or re-exported.
Explanation
Option B correctly defines a custom-bonded area as a secured zone where imported goods are stored before duties are cleared or goods are re-exported. Options A, C, and D misrepresent the statutory and administrative definition of bonded warehouses.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2023 · Q11 · UPPGS
Consider the following statements concerning the powers of the Supreme Court to issue certain writs to stop violation of Fundamental Rights: (1) The Supreme Court has power to issue writs like Habeas Corpus, Mandamus, Prohibition, Quo Warranto and Certiorari which are appropriate for the enforcement of Fundamental Rights. (2) Parliament may by law empower any other court to exercise, within its jurisdiction, the powers given to the Supreme Court. Which of the above statement(s) is/are correct? Select the correct answer from the code given below: -
2019 · Q104 · UPPGS
Given below are two statements, one is labelled as Assertion (A) : and the other as Reason (R). Assertion (A): The Supreme Court of India has exclusive jurisdiction regarding the constitutional validity of Central laws. Reason (R): The Supreme Court is the Guardian of the Indian Constitution. Select the correct answer from the codes given below: