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Question : Assertion: The Industrial Policy Resolution of 1956 aimed to promote the growth of the public sector in India.

Reason: The resolution emphasized the role of private enterprises in industrial development.

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)
Team Careers360 24th Jan, 2024

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 growth of the public sector. It emphasized the importance of the public sector in industrial development and called for the establishment and expansion of public sector enterprises to drive industrialization and economic growth.

However, the reason is false. The resolution did not emphasize the role of private enterprises in industrial development. In fact, it focused more on the public sector and the role of the state in planning and directing industrial growth. The policy aimed to reduce private concentration of economic power and promote public ownership and control of key industries.

Therefore, while the assertion is true, the reason is false, and they do not form a correct explanation of each other.

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