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Question

The first New Small Scale Industrial Policy was announced on ________.

A
August 6, 1989
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B
May 5, 1990
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C
August 6, 1991
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D
December, 1996
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Solution

The correct option is A August 6, 1991
The first New Small Scale Industrial Policy was announced on August 6, 1991. Small Scale Industrial Policy has helped in the overall development of industrial sector of the economy. It was well realized that small-scale industries are particularly suited for the utilization of local resources and for the creation of employment opportunities.
Hence, option (C) is the correct answer.

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