Question

In the economic planning of India before 1991, which sector was given the primary role in the consumer goods industry?

[0.80 marks]

• A. Public sector
• B. Private sector
• C. Agricultural sector
• D. Industrial sector

Answer 1

The correct option is B Private sector

The government was slowly trying to rebuild the Indian economy. As a part of the economic plan, it gave the lead role to the public sector to develop infrastructure industries, whereas it gave the private sector the responsibility of developing the consumer goods industry.