Under IPR 1956, the first category of industries was

left wholly to the private sectorCorrect answerYour answeropen only to foreign firmsCorrect answerYour answerexclusively owned by the stateCorrect answerYour answerreserved for small-scale industryCorrect answerYour answer

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CorrectNot quiteAnswer C

Correct answer: C

The first category (Schedule A), 17 industries, was to be owned exclusively by the state.

Concept: IPR 1956
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsIPR 1956 and licensing

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Ten questions from Industry & Trade, 1950–90, at your own pace.

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Ten questions from Industry & Trade, 1950–90, at your own pace.

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Under IPR 1956, the first category of industries was

Explanation