CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
109
You visited us 109 times! Enjoying our articles? Unlock Full Access!
Question

Q38) Presently only 6 industries carry the burden of compulsory licensing. Which of the following does not come under the regime of compulsory licensing?


A

a) Aero space and defence equipment

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

b) Drug & pharma

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

c) Alcoholic drinks

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
d) Fertilizers
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D d) Fertilizers
Ans 38: D

Explanation: The industries requiring compulsory licensing are:
Distillation and brewing of alcoholic drinks
Cigars and cigarettes of tobacco and manufactured tobacco substitutes
Electronics
Aerospace and defense equipment
Industrial explosives -including detonating fuses, safety fuses, gun powder, nitrocellulose and matches
Hazardous chemicals – including items hazardous to human safety and health and thus fall for mandatory licensing

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Legal Environment
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon