A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct because anti-dumping measures in India are indeed recommended by the DGTR under the Ministry of Commerce. Statement 2 is incorrect because neutralizing government subsidies is the definition of a Countervailing Duty, whereas an Anti-Dumping Duty is a tariff imposed on imports priced below fair market value to prevent injury to domestic industry.