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?1. Unlike traditional asphalt, Bioasphalt 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?

In the Union Budget 2011-12, a full exemption from the basic customs d

1.	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?1. Unlike traditional asphalt, Bioasphalt 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?
A.	1, 2 and 3 only
B.	1, 3 and 4 only
C.	2 and 4 only
D.	1, 2, 3 and 4
Answer» C. 2 and 4 only