Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:
In Industrial Policy Resolution 1956, third category consisted of which industries?
Options:
Industries in which the private sector could supplement the efforts of the state
Industries which would be exclusively owned by the state
Industries which had monopoly in the market
Industries which were to be in the private sector
Correct Answer:
Industries which were to be in the private sector
Explanation:
The industrial policy resolution 1956, classified industries into 3 categories out of which the third category focused entirely on the industries which were to be in the private sector.