The primary purpose of nationalization of important industries in India was __________.

to remove the evils of private ownership and bring them under socialistic society

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to bridge the gap between the rich and poor

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to promote the growth of a sound economy

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to liberate the poor from exploitation

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Solution

The correct option is A to remove the evils of private ownership and bring them under socialistic society
Nationalisation is a process of transforming private assets into public assets by bringing under the ownership of government either central or state.
This was done to reduce the private ownership and bring about a socialist equality among the people.

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