Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

To promote industries in backward regions after Independence, government took which of the following steps?

Options:

Ease in obtaining a license if the industrial unit was established in an economically backward area

Tax benefits to the industries established in such areas

Providing electricity at a lower rate

All of the above

Correct Answer:

All of the above

Explanation:

In order to promote regional equality, government took various initiatives involving ease in obtaining license, tax benefits and providing electricity at a much lower rate.