Under IPR 1956, in the second category of industries

new units were set up by the state and supplemented by private firmsCorrect answerYour answeronly the private sector could set up new units, without any licenceCorrect answerYour answerforeign companies were given full control over productionCorrect answerYour answerall existing units were closed down and their land soldCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

Schedule B: the state would generally take the initiative in new units, with private firms supplementing its effort.

Concept: IPR 1956
Typical timeTypical: 100 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, in the second category of industries

Explanation