Indian Economic Development: Indian Economy 1950–1990 · Class 12 · CBSE · Commerce Economics
Under the Industrial Policy Resolution of 1956, which category of industries was reserved exclusively for the public sector?
Practice question from Indian Economic Development: Indian Economy 1950–1990 (Class 12 · CBSE · Commerce Economics), with the correct answer and a step-by-step solution.
easy · MCQ · Q-0D1237
Under the Industrial Policy Resolution of 1956, which category of industries was reserved exclusively for the public sector?
- A.Schedule A industriesCorrect answer
- B.Schedule B industries
- C.Schedule C industries
- D.All consumer-goods industries
Solution
Schedule A industries were considered strategically important and were reserved exclusively for the state under the Industrial Policy Resolution of 1956.
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