Question : It is a written permission from the government to an industrial unit to manufacture goods.
Option 1: Industrial policy
Option 2: Industrial licensing
Option 3: Foreign trade policy
Option 4: Import substitution
Correct Answer: Industrial licensing
Solution : An industrial licensing is a written permission from the government to an industrial unit to manufacture goods. Hence Option B is correct.
Question : It refers to a policy of replacement or substitution of imports by domestic production.
Question : It is a comprehensive package of policy measures which covers various issues connected with different industrial enterprises of the country.
Question : It refers to fixing the specific limit of land, which could be owned by an individual.
Question : It primarily refers to change in the ownership of land holdings.
Question : How did the rise of new economic interests during the era of planned development impact India's trade policies?
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