Question : Statement 1: The Industrial Policy Resolution of 1956 aimed to promote the growth of the public sector in India.
Statement 2: The resolution emphasized the role of private enterprises in industrial development.
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.
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 growth of the public sector. The resolution emphasized the development of key industries in the public sector and the state's leading role in guiding industrialization. It aimed to establish a socialistic pattern of society by giving the state a significant role in industrial development.
Statement 2 is false. The resolution did not emphasize the role of private enterprises in industrial development. While the private sector was not excluded or discouraged, the primary focus of the policy was on promoting the growth of the public sector and state-led industrialization.
Therefore, the correct answer is that statement 1 is true, and statement 2 is false.
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