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Economic Reforms since 1991 (LPG) · Question 29 of 65

Question 29

HardOriginal question

Assertion (A): Industrial licensing was abolished for almost all products in 1991.

Reason (R): Licences are still needed for some products, such as hazardous chemicals.

Options for question 29

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Both are true: licensing ended for most products, and a short list still needs it.

  2. R states an exception to A; it does not explain why A happened.

Concept
Industrial deregulation
Typical time
100 s
Your time
—
The rule this testsLiberalisation
Practise this chapter →

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

Practise this chapter →

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