The criticisms of the industrial and trade policies of 1950–90 led to

the Industrial Policy Resolution of 1956Correct answerYour answerthe abolition of zamindariCorrect answerYour answerthe First Five Year PlanCorrect answerYour answerthe New Economic Policy of 1991Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

Inefficiency, losses and the licence raj made the case for reform, which came with the New Economic Policy of 1991.

Concept: Towards reform
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsAchievements and failures

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.

Practise this chapter All 53 questions in Industry & Trade, 1950–90 Revise the notes for Industry & Trade, 1950–90

The criticisms of the industrial and trade policies of 1950–90 led to

Explanation