Which of the following two industries remained under the licence system even after the introduction of the new economic policy of 1991?

Cement industries

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Defence industries

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Vehicle manufacturing industries

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Hazardous chemicals industries

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Solution

The correct option is D Hazardous chemicals industries
India introduced the new economic policy in 1991. Under this policy, the practice of issuing licences for industries were abolished, except a few industries. The defence and hazardous chemicals industries were kept out of this new policy.

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