Question

Write down the measures to controll black market

Answer 1

The Black market can be controlled by strict legal policies.  

Explanation:  

• The Black market refers to the unethical and illegal practices in the market.
• The Black market is a very wide market and cannot be entirely uprooted. However, various measures can be undertaken to control its functioning.
• The first and foremost thing to control the black market is spreading awareness among the customers. Customers should be motivated to buy original products at fair prices.
• Traders should not be allowed to participate in unethical trade practices.
• The functioning of the black market can also be controlled by legal measures.
• Hoarding, adulteration, fake products, and such practices should be strictly penalized.