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 Consider the following statements and identify the right ones.
i. The 1980 industrial policy emphasized "economic federalism"
ii. Liberal license policies were advocated for agro-based industries
  • a)
    I only
  • b)
    ii only
  • c)
    both
  • d)
    none
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Consider the following statements and identify the right ones.i. The 1...
The main objective aimed at expanding production capacity and increasing the growth of industrial production.
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Most Upvoted Answer
Consider the following statements and identify the right ones.i. The 1...
The role of the private sector in economic development.
ii. The 1980 industrial policy focused on import substitution as a strategy for economic growth.
iii. The 1980 industrial policy aimed to promote exports and increase foreign exchange earnings.
iv. The 1980 industrial policy aimed to reduce government intervention and promote market forces in the economy.

The right statements are:

i. The 1980 industrial policy emphasized the role of the private sector in economic development.
iii. The 1980 industrial policy aimed to promote exports and increase foreign exchange earnings.
iv. The 1980 industrial policy aimed to reduce government intervention and promote market forces in the economy.
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Consider the following statements and identify the right ones.i. The 1980 industrial policy emphasized "economic federalism"ii. Liberal license policies were advocated for agro-based industriesa)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'C'. Can you explain this answer?
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