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Question

Which of the following industries require compulsory licensing?


A

Only 1,3&4

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B

Only 1& 2

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C

Only 2,3&4

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D

All of the above

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Solution

The correct option is B

Only 1& 2


The industries requiring compulsory licensing are:

  • Distillation and brewing of alcoholic drinks
  • Cigars and cigarettes of tobacco and manufactured tobacco substitutes
  • 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

List Of Industries To Be Reserved For manufacture Of Items Exclusively in the Public Sector included in Schedule I :

  • Arms and ammunition and allied items of defence equipment
  • Defence aircraft and warships.
  • Atomic Energy.
  • Coal and lignite
  • Mineral oils.
  • Mining of iron ore, manganese ore, chrome ore, gypsum, sulphur, gold and diamond.
  • Mining of copper, lead, zinc, tin, molybdenum and wolfram.
  • Minerals specified in the Schedule to the Atomic Energy (Control of production and use) Order, 1953.
  • Railway transport.

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