Question : In which year was the first Industrial Policy based on the mixed economy principle announced in India?

Option 1: 1948

Option 2: 1962

Option 3: 1950

Option 4: 1959

Question : In India, which of the following regulatory mechanisms was not in existence to enforce regulation of the industrial sector?

Option 1: Industrial licensing under which every entrepreneur had to get permission from government officials to start a firm, close a firm or decide the amount of goods that could be produced.

Option 2: Controls on price fixation and distribution of selected industrial products.

Option 3: Private sector was allowed in all industries.

Option 4: Some goods could be produced only in small-scale industries.

Question : Which is the biggest tax-paying sector in India as of 2016?

Option 1: Agriculture sector

Option 2: Industrial sector

Option 3: Transport sector

Option 4: Banking sector

Question : In 1950-51, what percentage of the GDP of India was contributed by the industrial sector?

Option 1: 22 per cent

Option 2: 28 per cent

Option 3: 13 per cent

Option 4: 16 per cent

Question : Which of the following is not an example of a minor industrial region of India?

Option 1: Durg-Raipur region

Option 2: Ambala-Amritsar region

Option 3: Northern Malabar region

Option 4: Hugli region