Tag: subsidies, industrial policy and trade policy

Questions Related to subsidies, industrial policy and trade policy

Industrial resolution policy (1956) enlarged the scope of ______ participation in India.

  1. private sector

  2. joint sector

  3. public sector

  4. foreign funds


Correct Option: C

As per new Industrial Policy how many industries are required to obtain compulsory Industrial license?

  1. 5

  2. 2

  3. 4

  4. 6


Correct Option: D

First Industrial policy of 1956 was announced by _________.

  1. Pt. Jawahar Lal Nehru

  2. Dr. Lalit Narain Mishra

  3. Atal Bihari Vajpayee

  4. Dr. Vijay Kelkar


Correct Option: A

Among traditional village industries  ________ possess the highest labor productivity.

  1. cotton mills

  2. handicrafts

  3. khadi industry

  4. glass and ceramics


Correct Option: B

The opportunities in the small-scale sector are enormous due to ______.

  1. more capital intensive

  2. virtually no support by government

  3. raw material procurement

  4. none of the above


Correct Option: C