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Question : Statement 1: The Industrial Policy Resolution of 1956 aimed to promote the development of small-scale industries in India.

Statement 2: The resolution emphasized the role of large-scale industries in industrial growth.

Option 1: Both statements are true.
    

Option 2: Both statements are false.
   

Option 3: Statement 1 is true, and statement 2 is false.

 

Option 4: Statement 1 is false, and statement 2 is true.


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Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Statement 1 is true, and statement 2 is false.


Solution : The correct answer is (c) Statement 1 is true, and statement 2 is false.

Statement 1 is true. The Industrial Policy Resolution of 1956 in India did aim to promote the development of small-scale industries. The policy recognized the importance of small-scale industries for employment generation, promoting entrepreneurship, and regional development. It provided support and incentives for the growth of small-scale industries.

Statement 2 is false. The resolution did not primarily emphasize the role of large-scale industries in industrial growth. While large-scale industries were not disregarded or neglected, the primary focus of the policy was on promoting small-scale industries. The government recognized the potential of small-scale industries in driving industrial growth, especially in sectors such as cottage and village industries.

Therefore, the correct answer is that statement 1 is true, and statement 2 is false.

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