India announced that it was taking steps to reduce the” sensitive lists” of items for trade with SAARC countries recently. Which of the following is correct about items in “sensitive lists”? | Faculties

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Praveen Singh

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Q. India announced that it was taking steps to reduce the” sensitive lists” of items for trade with SAARC countries recently. Which of the following is correct about items in “sensitive lists”?

(A) items which are costlier to produce in india
(B) items whose import leads to lower prices for indian consumer
(C) items whose import reduces the market share of domestic producers
(D) items which are injurious to health such as tobacco and alcohol

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✅ Correct Answer: (C) items whose import reduces the market share of domestic producers

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