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What will be the impact of increasing imports on Indian market?
the price of imports will be decreased
B the demand for indigenous goods and services will be increased
the demand for indigenous good and services will be decreased
there will be scarcity in the market with higher duties on imports
None of these
Correct Option is B the demand for indigenous goods and services will be increased
Solution:Refer to the first paragraph of the passage which mentions, “The government has increased duties on some imports in order to protect and foster domestic industry.” we can infer option (b). Hence correct choice is option (b).
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