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Question : How many industries are classified in the Industrial Policy Resolution 2022?

Option 1: Five

Option 2: Four

Option 3: Three

Option 4: Two


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: Three


Solution : The correct option is Three.

The three categories used by the Industrial Policy Resolution are:

1. Schedule A Industries: These are exclusively available for use by the public sector and the government enjoys a monopoly in some areas.

2. Schedule B Industries: The public and private sectors are welcome to participate in these industries. There is no public sector monopoly in these.

3. Schedule C Industries: All of these fall under the purview of the private sector. The government has little effect on how they operate or are regulated.

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