Question : According to the Industrial Policy Resolution 1956, how many categories were the industries classified in India?
Option 1: 5
Option 2: 4
Option 3: 3
Option 4: 2
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Answer (1)
23rd Jan, 2024
Correct Answer: 3
Solution : The correct answer is 3 .
The Industrial Policy Resolution of 1956 in India classified industries into three categories:
- Schedule A: Industries exclusively under the control of the state.
- Schedule B: Industries in which the state would take up the responsibility of development but could later be entrusted to private enterprise.
- Schedule C: Industries where private enterprise was encouraged.
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