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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
Answer (1)
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:

  1. Schedule A: Industries exclusively under the control of the state.
  2. Schedule B: Industries in which the state would take up the responsibility of development but could later be entrusted to private enterprise.
  3. Schedule C: Industries where private enterprise was encouraged.
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