Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

The following statements are related to industries in India. Arrange them in chronological order :

A. Foreign Direct Investment - Industries

B. British India - Collapse of Indian industries

C. Government Industry -Low Productivity

D. Industrial Policy - Planning Commission

E. Removal of Licensing - Disinvestment

Choose the correct answer from the options given below :

Options:

B-C-D-A-B

B-A-C-D-E

B-D-C-E-A

B-E-A-D-C

Correct Answer:

B-D-C-E-A

Explanation:

The correct answer is option (3) : B-D-C-E-A

B. British India - Collapse of Indian industries : Pre independence

D. Industrial Policy - Planning Commission : 1950

C. Government Industry -Low Productivity : 1950s to 1991

E. Removal of Licensing - Disinvestment : 1991 (New Economic Reforms)

A. Foreign Direct Investment - Industries : (Result of globalisation)