Question

The following are the main objectives of the New industrial Policy (1991):
1. To build on the gains already made
2. To maintain a sustained growth in productivity
3. To attain international competitiveness
4. To maintain gainful employment
Which is/are correct?

• A. 1, 2 and 4
• B. 2 and 4
• C. 3 and 4
• D. All the above

Answer 1

The correct option is D All the above

New Industrial Policy was adopted by the Government of India in the year of 1991. It was adopted in order to create a more freer and competitive economy. The following are the main objectives of the New Industrial Policy:-1. To build on the gains already made
2. To maintain a sustained growth in productivity
3. To attain international competitiveness
4. To maintain gainful employment.Hence, option (D) is the correct answer.