wiz-icon
MyQuestionIcon
MyQuestionIcon
8
You visited us 8 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following is an example of industrial reforms?

A
Delicensing of industry
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Simplification of licensing products
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Permission to public sector units to raise capital from the capital market
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D All the above
b'

Industrial reforms refers to the changes in the industrial policies for better development and growth of the nation. Examples of industrial reforms include the following-

a) Delicensing of industry

b) Simplification of licensing products

c) Permission to public sector units to raise capital from the capital market

These reforms are taken in order to facilitate growth in productivity which could be maintained with greater employment and optimum utilization of resources.

'

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Eve of Independence
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon