7 Views

Question : Statement 1: The Industrial Policy Resolution of 1956 aimed to promote the development of the public sector in India.

Statement 2: The resolution emphasized the role of private enterprises 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.


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 21st 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 the public sector. It emphasized the importance of public ownership and control over key industries to achieve socialistic goals, including reducing economic disparities and ensuring equitable distribution of resources.

Statement 2 is false. The resolution did not emphasize the role of private enterprises in industrial growth. Instead, it placed greater emphasis on the public sector and advocated for a commanding role for the state in guiding and directing industrial development. Private enterprises were not given a prominent role in this policy and were subject to regulations and restrictions.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Amity University BA Admission...
Apply
Ranked amongst the top 3% of universities globally (QS Rankings)
GD Goenka UNiversity B.Com Ad...
Apply
Highest CTC 10 LPA
Vishwa Vishwani BBA Admission...
Apply
91% Placement Assurance | Average CTC 3.6 LPA | 100% Internship Assurance
Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
Amity University | BCA Admiss...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
Amity University, Noida B.Com...
Apply
Ranked as India’s #1 Not for profit pvt. University by India Today
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books