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Industry & Trade, 1950–90 · Question 18 of 53

Question 18

HardOriginal question

Assertion (A): The licensing system slowed down industrial growth in some cases.

Reason (R): Firms had to get permission even to expand output, and permits took time.

Options for question 18

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Delays and limits on expansion held back firms that could have grown.

  2. R explains A.

Concept
Permit licence raj
Typical time
100 s
Your time
—
The rule this testsIPR 1956 and licensing
Practise this chapter →

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

Practise this chapter →

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