CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

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

A
Cement industries
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Defence industries
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Vehicle manufacturing industries
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Hazardous chemicals industries
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
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.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Let's Practice Part 1
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon