Which of the following is a feature of the Indian industrial policy after 1991?
A. Expansion of the licence-permit raj
B. Complete nationalisation of industries
C. Liberalisation, delicensing and greater role for private sector
D. Restriction on foreign investment
Answer: Option C
Solution (By JKSSB Mock Tests)
The 1991 Industrial Policy emphasised liberalisation, abolition of industrial licensing for most industries, and encouragement of private and foreign investment.
No comments yet. Be the first to start the discussion!