Q37) Which of the following was called as “The economic constitution of India”?

a) Industrial policy resolution (IPR) 1948

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b) Industrial policy resolution, 1956

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c) Industrial policy resolution, 1973

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d) None of the above

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Solution

The correct option is B
b) Industrial policy resolution, 1956

Ans 37: B

Explanation: Industrial Policy Resolution of 1956 (IPR 1956) is a resolution adopted by the Indian Parliament in April 1956. It was the
first comprehensive statement on industrial development of India) The 1956 policy continued to constitute the basic economic policy
for a long time.

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