Critics say some big industrialists used the licensing system to

export their entire output to BritainCorrect answerYour answerkeep out competitors rather than produceCorrect answerYour answerset up factories in backward regions onlyCorrect answerYour answerhand their firms over to the stateCorrect answerYour answer

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CorrectNot quiteAnswer B

Correct answer: B

Some obtained licences not to produce, but to stop rivals from getting them.
The heavy paperwork and delays earned the system the name 'permit licence raj'.

Concept: Permit licence raj
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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Critics say some big industrialists used the licensing system to

Explanation