MPSC Rajyaseva Prelims

Industrial Policy question bank (Indian Economy)

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Q1.

Which of the following was the primary objective of the Industrial Policy Resolution of 1956 in India?

Topic: Industrial Policy | Source: AI Generated (MPSC Rajyaseva Prelims) | Status: pending review

(A)
Promoting private sector monopolies
(B)
Accelerating the rate of economic growth and speeding up industrialization
(C)
Privatizing all public sector undertakings
(D)
Encouraging foreign direct investment without any restrictions
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Q2.

The New Industrial Policy of 1991 is best known for introducing which of the following major reforms?

Topic: Industrial Policy | Source: AI Generated (MPSC Rajyaseva Prelims) | Status: pending review

(A)
Nationalization of all private banks
(B)
Abolition of industrial licensing for most sectors, LPG reforms
(C)
Imposition of strict quantitative restrictions on imports
(D)
Complete ban on foreign investments
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