Indian products were subjected to __________ duties in England during British rule.

high import

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no import

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nominal import

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all above

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Solution

The correct option is A high import
India was made to accept readymade British goods either duty-free or at nominal duty rates, while Indian products were subjected to high import duties in England.

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Similar questions

Q23. Consider the following statements about Safeguards Duty:

1. Safeguards give domestic producers a period of grace to become more competitive vis-à-vis imports.

2. Safeguards usually take the form of increased duties to higher than bound rate or standard rates or quantitative restrictions on imports.

Which of the above statements are correct?

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