Read the two statements and choose the correct option.
I. After independence, India's private sector had too little capital to build heavy industry.
II. The market in the 1950s was large enough to encourage private firms to take big risks.

Only ICorrect answerYour answerOnly IICorrect answerYour answerBoth I and IICorrect answerYour answerNeither I nor IICorrect answerYour answer

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CorrectNot quiteAnswer A

Correct answer: A

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

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

Read the two statements and choose the correct option.I. After independence, India's private sector had too little capital to build heavy industry.II. The market in the 1950s was large enough to encourage private firms to take big risks.