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Question : Assertion: The Industrial Policy Resolution of 1956 aimed to promote the development of small-scale industries in India.

Reason: The resolution emphasized the role of the public sector in industrial growth.

Option 1: Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
 

Option 2: Both the assertion and reason are true, but the reason is not the correct explanation of the assertion.
 

Option 3: The assertion is true, but the reason is false.

 

Option 4: The assertion is false, but the reason is true.


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Answer (1)
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Correct Answer: The assertion is true, but the reason is false.


Solution : The correct answer is (c) The assertion is true, but the reason is false.

The assertion is true. The Industrial Policy Resolution of 1956 in India aimed to promote the development of small-scale industries. The policy recognized the importance of small-scale industries in promoting balanced regional development, employment generation, and reducing income inequalities. It introduced various measures and incentives to support the growth of small-scale industries, such as reservation of products for exclusive production by small-scale units, financial assistance, and technical support.

However, the reason is false. The resolution did not emphasize the role of the public sector in industrial growth. In fact, the Industrial Policy Resolution of 1956 recognized the importance of both the public and private sectors in industrial development. It advocated for a mixed economy, with a role for both public and private enterprises. The resolution aimed to strike a balance between the public and private sectors and promote their coexistence.

Therefore, the correct answer is that the assertion is true, but the reason is false.

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