The Industrial Policy Resolution of 1956 categorised industries into how many groups?
-
A.
Three
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B.
Nine
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C.
Five
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D.
Seven
Correct Answer:
A. Three
Explanation:
The Industrial Policy Resolution of 1956, often referred to as the Economic Constitution of India, categorized industries into three distinct groups to promote a socialistic pattern of society. - Schedule A: This group included 17 industries that were the exclusive responsibility of the State, such as arms and ammunition, atomic energy, and railways.
- Schedule B: This category consisted of 12 industries that were to be progressively state-owned, though the private sector was encouraged to supplement the efforts of the State.
- Schedule C: This group comprised all remaining industries, which were left open to the private sector, although they remained subject to government licensing and regulation.Therefore, the correct answer is Three.
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