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The Industrial Policy of 1991, introduced under Narasimha Rao, aimed at:
  • a)
    Strengthening public sector control
  • b)
    Shortening the list of industries under licensing
  • c)
    Increasing import tariffs
  • d)
    Focusing solely on agricultural industries
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
The Industrial Policy of 1991, introduced under Narasimha Rao, aimed a...
The Industrial Policy of 1991 was revolutionary in shortening the list of industries subject to industrial licensing, thereby promoting private investment and reducing government control.
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The Industrial Policy of 1991, introduced under Narasimha Rao, aimed at:a)Strengthening public sector controlb)Shortening the list of industries under licensingc)Increasing import tariffsd)Focusing solely on agricultural industriesCorrect answer is option 'B'. Can you explain this answer?
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