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Which industries were exempted from obtaining an industrial license in India in 2015?
  • a)
    Industries involved in the distillation and brewing of alcoholic drinks
  • b)
    Industries manufacturing electronics and aerospace equipment
  • c)
    Large industries manufacturing items reserved for MSMEs
  • d)
    All of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which industries were exempted from obtaining an industrial license in...
In 2015, large industries manufacturing items that were exclusively reserved for Micro, Small, and Medium Enterprises (MSMEs) were exempted from obtaining an industrial license in India, as mentioned in the text. This was done to encourage greater investment, incorporate better technologies, and enhance competition in the market.
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Which industries were exempted from obtaining an industrial license in India in 2015?a)Industries involved in the distillation and brewing of alcoholic drinksb)Industries manufacturing electronics and aerospace equipmentc)Large industries manufacturing items reserved for MSMEsd)All of the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
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