Question : What is the purpose of the licensing policy in India?
Option 1: To promote benefits to a particular group
Option 2: To maintain the identity of an area
Option 3: To show power of the government
Option 4: To promote regional equality
Correct Answer: To promote regional equality
Solution : The correct answer is To promote regional equality .
The goal of India's licencing policy is to foster regional equity. The licencing policy encourages the growth of companies in underserved areas by offering incentives such as tax reductions and access to infrastructure.
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