Question : According to the Industrial Policy Resolution 1956, how many categories were the industries classified in India?Option 1: 5Option 2: 4Option 3: 3Option 4: 2

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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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Team Careers360 19th Jan, 2024

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Team Careers360 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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