How much of the activities were being made available for the private sector as per the New Industrial Policy, 1991?
A
One-fourth
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B
Half
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C
Three-fourths
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D
One-sixth
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Solution
The correct option is C Three-fourths Three-fourths of the activities were being made available for the private sector as per the New Industrial Policy, 1991. New Industrial Policy was adopted by the Government of India in the year of 1991. It was adopted in order to create a more free and competitive economy. The main objective of any industrial policy is to augment industrial production and thereby enhance industrial growth.