"After introduction of liberalisation measures in 1991, no license was required for the production of industrial explosives."
Which of the following options is true in regards to the above statement?
Answer & explanation
Correct answer: option 2
The correct answer is option 2: The statement is false
The statement stands to be FALSE. Industrial licensing was abolished for almost all but product categories — alcohol, cigarettes, hazardous chemicals, industrial explosives, electronics, aerospace and drugs and pharmaceuticals.