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Industry & Trade, 1950–90 · Question 15 of 53

Question 15

MediumOriginal question

Assertion (A): IPR 1956 kept some industries exclusively for the state.

Reason (R): IPR 1956 allowed private firms to enter every industry freely.

Options for question 15

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. The first category was the state's alone: A is true.

  2. Private firms needed licences and were kept out of the first category, so R is false.

Concept
IPR 1956
Typical time
70 s
Your time
—
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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