πŸ“Š Indian and Global Economic Development
Q. Which of the following statements is correct?
  • (A) The public sector was given a dominant position in the newly Independent India
  • (B) The foreign trade policy post-Independence allowed free trade of all goods and services.
  • (C) Monetary policy post-Independence sought to keep the CRR at a very low level.
  • (D) None of the above.
πŸ’¬ Discuss
βœ… Correct Answer: (A) The public sector was given a dominant position in the newly Independent India
πŸ“Š Indian and Global Economic Development
Q. Consider the following statements and identify the right ones. i. The new manufacturing policy aims to create 100 million jobs and increase share of manufacturing sector in the GDP ii. A special purpose vehicle is created to develop infrastructure on PPP mode
  • (A) I only
  • (B) ii only
  • (C) both
  • (D) none
πŸ’¬ Discuss
βœ… Correct Answer: (C) both
πŸ“Š Indian and Global Economic Development
Q. Consider the following statements and identify the right ones. i. The 1980 industrial policy emphasized "economic federalism" ii. Liberal license policies were advocated for agro-based industries
  • (A) I only
  • (B) ii only
  • (C) both
  • (D) none
πŸ’¬ Discuss
βœ… Correct Answer: (C) both
πŸ“Š Indian and Global Economic Development
Q. Which of the following was not an objective of the 1956 industrial policy?
  • (A) Development of cooperative sector
  • (B) Expansion of public sector
  • (C) Develop heavy and machine making industries
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) None of the above
πŸ“Š Indian and Global Economic Development
Q. Consider the following statements and identify the right ones. i. As per the 1948 policy, six industries were under the mixed sector ii. New units could be set up by the private sector
  • (A) i only
  • (B) ii only
  • (C) both
  • (D) none
πŸ’¬ Discuss
βœ… Correct Answer: (A) i only
πŸ“Š Indian and Global Economic Development
Q. Consider the following statements and identify the right ones. i. The Industrial Policy of 1948 was the first industrial policy statement by the Government ii. It gave leading role to the private sector
  • (A) I only
  • (B) ii only
  • (C) both
  • (D) none
πŸ’¬ Discuss
βœ… Correct Answer: (A) I only