Which of the following is not a charachteristic of Industrial Policy Resolution (IPR), 1956, was used for ? Option 1: Promoting only small scale industries Option 2: Promoting public sector enterprises Option 3: Promoting industries in the backward region Option 4: Private sector was kept under control through licensing.

The answer is 'Promoting only small scale industries'. View full solution:

CUET Economics - Which of the following is not a charachteristic of Industrial Policy Resolution (IPR), 1956, was used for ? | PYQs + Solutions

CUET Economics

Indian Economic Development

Easy

Promoting only small scale industries

Promoting public sector enterprises

Promoting industries in the backward region

Private sector was kept under control through licensing.

✅ Correct Option: 1