Indian Economic Development

Development Experience (1947-90)

Easy

Name the strategy through which the government was able to protect the domestic industries from foreign competition?

Import Substitution

IPR 1948

Karve Committee

Land Reforms

✅ Correct Option: 1

Import substitution was the inward-looking trade strategy of replacing imports with domestic production, protecting domestic industries from foreign competition through tariffs and quotas.

2026: 23 May Shift 1

The most important characteristic of India's foreign trade throughout the colonial period was ___________.

2023: 30 May Shift 1

HYV seeds were used ?

2023: 1 June Shift 1

The main economic motive of opening the Suez canal was :

2022: 15 July Shift 2

The organization which is responsible for providing estimates on poverty in India is:

2024: 16 May

According to the passage, which of the following statement was true about Indian industries' products?

2023: 20 June Shift 1

Arrange the following in sequence in order of their formation.

A. Green Revolution

B. First Industrial Policy Resolution

C. Karve committee

D. Planning Commission

Choose the correct answer from the options given below:

Name the strategy through which the government was able to protect the domestic industries from foreign competition?

Solution

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