state gov TSPSC DAO (Divisional Accounts Officer) Mock Test 2024 Current Affairs Business and Economy
Consider the following statements about Anti-Dumping Duty:
1. Anti-dumping duty is a form of protectionism by the government to protect domestic industries from unfair foreign competition.
2. Anti-dumping duty is applied on imports that are priced below the fair market value in the domestic market.
3. In India, Directorate General of Trade Remedies (DGTR), has imposed Anti-Dumping Duties on certain products from various countries, including China.
How many of the above statement/s is/are correct?
1
Only one
2
Only two
3
All three
4
None