📝 Multiple Choice Question
Economics
With progressive delicensing of industries as part of liberalisation, which of the following is the industry that is removed from the requirement of license?
A
Cigars and cigarettes of tobacco, and manufactured tobacco substitutes
B
Industrial explosives
C
Hazardous chemicals
D
Coal and lignite
Explanation
Following the 1991 economic reforms, compulsory licensing was abolished for most sectors; coal and lignite were eventually delicensed, while sensitive sectors like hazardous chemicals and explosives remained regulated.
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