According to Industrial Policy Resolution (IPR) 1956, the industries were reclassified into_____categories.
(Fill in the blank with the correct answer)

[0.80 marks]

Two

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Three

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Five

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Seven

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Solution

The correct option is A Two
According to Industrial Policy Resolution (IPR) 1956, the industries were reclassified into three categories: Schedule A, Schedule B, and Schedule C.
Out of the three categories, the third category (Schedule C) consisted of the industries that were to be in the private sector.

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How were the industries classified according to the industrial policy resolution 1956?

The Industrial Policy Resolution, 1956 has categorised industries on the basis of ownership.
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