After 1991, industrial licensing was abolished for almost all products except a few, such as

bicycles, toys and sports goodsCorrect answerYour answercigarettes and industrial explosivesCorrect answerYour answercotton textiles and leather footwearCorrect answerYour answerbiscuits, soaps and toothpasteCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

Licences stayed only for products such as alcohol, cigarettes, hazardous chemicals and industrial explosives, for health, safety or strategic reasons.

Concept: Industrial deregulation
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsLiberalisation

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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

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After 1991, industrial licensing was abolished for almost all products except a few, such as

Explanation