Humanities/Arts Exam  >  Humanities/Arts Questions  >  Which of the following is not a characteristi... Start Learning for Free
Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?
  • a)
    Promoting only small scale industries
  • b)
    Promoting public sector enterprises
  • c)
    Promoting industries in the backward region
  • d)
    Private sector was kept under control through licensing.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following is not a characteristic of Industrial Policy Re...
The IPR 1956, st ressed t he im port ance of cottage and small-scale industries for expand-ing employment opportunities and for wider decentralization of economic power and activity.
The 1956 Policy emphasized the need to expand the public sector, to build up a large and growing coop-erative sector and to encourage the separation of ownership and management in private in-dustries and, above all, prevent the rise of pri-vate monopolies.
Free Test
Community Answer
Which of the following is not a characteristic of Industrial Policy Re...
Explanation:

The Industrial Policy Resolution (IPR), 1956 was a policy document adopted by the Government of India to guide industrial development in the country. It outlined the objectives and strategies for promoting industrial growth, encouraging public sector enterprises, and regulating the private sector through licensing. However, it did not specifically focus on promoting only small scale industries. Let's discuss each option in detail:

a) Promoting only small scale industries:
This option is incorrect because the IPR, 1956 did not solely focus on promoting small scale industries. While it recognized the importance of small-scale industries in the overall industrial development of the country, it also emphasized the need for the growth of large-scale industries. The policy aimed at achieving a balanced and integrated industrial structure, with both small and large industries playing a complementary role.

b) Promoting public sector enterprises:
This option is correct. The IPR, 1956 emphasized the promotion and development of public sector enterprises. It recognized the role of the state in creating a socialistic pattern of society and saw public sector enterprises as a means to achieve this objective. The policy aimed at establishing a public sector that would be the dominant and leading sector of the economy.

c) Promoting industries in the backward region:
This option is correct. The IPR, 1956 highlighted the importance of promoting industries in backward regions. It recognized the regional imbalances in industrial development and aimed at reducing these disparities. The policy encouraged the setting up of industries in economically backward areas to promote their development and create employment opportunities.

d) Private sector was kept under control through licensing:
This option is correct. The IPR, 1956 sought to regulate the private sector through licensing. The policy required industrial entrepreneurs to obtain licenses for setting up new industries or expanding existing ones. This was done to control the private sector's activities, ensure planned development, and prevent the concentration of economic power in a few hands.

In conclusion, the characteristic of the Industrial Policy Resolution (IPR), 1956 that is not mentioned in the question is the promotion of only small scale industries (option A). The IPR, 1956 aimed at promoting both small and large-scale industries, encouraging public sector enterprises, promoting industries in backward regions, and regulating the private sector through licensing.
Explore Courses for Humanities/Arts exam

Top Courses for Humanities/Arts

Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer?
Question Description
Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following is not a characteristic of Industrial Policy Resolution (IPR), 1956, was used for?a)Promoting only small scale industriesb)Promoting public sector enterprisesc)Promoting industries in the backward regiond)Private sector was kept under control through licensing.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
Explore Courses for Humanities/Arts exam

Top Courses for Humanities/Arts

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev