Question

If the supply of commodities in the domestic market is to be increased, then custom duties should be

• A. Decreased
• B. Increased
• C. Constant
• D. None of the above

Answer 1

The correct option is A

Decreased

The custom duties on essential commodities should be reduced to increase the supply of these commodities in the domestic market. It is one of the anti-inflationary measures taken by the government.