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Consider the following statements regarding reservation of industries under industrial policy resolution, 1956.
1. Schedule A - Industries set up under this provision was known as the central public sector undertakings
2. Schedule B - industries set up under this provision was supposed to take up the initiatives with the more expansive follow up by the private sector
3. Schedule C - Industries under this provision were exempted from Industries Development and Regulation Act
Which of these statements is/are correct?
  • a)
    1 and 2 Only
  • b)
    2 and 3 Only
  • c)
    1 and 3 Only
  • d)
    All of them
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding reservation of industries...
  • All industrial areas left out of Schedules A and B were put under this in which the private enterprises had the provisions to set up industries.
  • Many of them had the provisions of licencing and have necessarily fit into the framework of the social and economic policy of the state and were subject to control and regulation in terms of the Industries Development and Regulation (IDR) Act and other relevant legislation.
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Consider the following statements regarding reservation of industries under industrial policy resolution, 1956. 1. Schedule A - Industries set up under this provision was known as the central public sector undertakings2. Schedule B - industries set up under this provision was supposed to take up the initiatives with the more expansive follow up by the private sector3. Schedule C - Industries under this provision were exempted from Industries Development and Regulation ActWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements regarding reservation of industries under industrial policy resolution, 1956. 1. Schedule A - Industries set up under this provision was known as the central public sector undertakings2. Schedule B - industries set up under this provision was supposed to take up the initiatives with the more expansive follow up by the private sector3. Schedule C - Industries under this provision were exempted from Industries Development and Regulation ActWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding reservation of industries under industrial policy resolution, 1956. 1. Schedule A - Industries set up under this provision was known as the central public sector undertakings2. Schedule B - industries set up under this provision was supposed to take up the initiatives with the more expansive follow up by the private sector3. Schedule C - Industries under this provision were exempted from Industries Development and Regulation ActWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding reservation of industries under industrial policy resolution, 1956. 1. Schedule A - Industries set up under this provision was known as the central public sector undertakings2. Schedule B - industries set up under this provision was supposed to take up the initiatives with the more expansive follow up by the private sector3. Schedule C - Industries under this provision were exempted from Industries Development and Regulation ActWhich of these statements is/are correct?a) 1 and 2 Onlyb) 2 and 3 Onlyc) 1 and 3 Onlyd) All of themCorrect answer is option 'A'. Can you explain this answer?.
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