Question : The objective of the Industrial Policy Resolution of 1956 was to:

Option 1: Promote private enterprises

Option 2: Encourage foreign investment

Option 3: Promote the public sector

Option 4: Liberalize trade

Question : Which of the following is not an important feature of the Industrial Policy of 1991?

Option 1: Foreign Technology Agreements

Option 2: Industrial Licensing Policy

Option 3: No Foreign Trade Policy

Option 4: Public Sector Policy

Question : What was the main objective of financial sector reforms in the 1991 economic policy?

Option 1: Encouraging foreign direct investment (FDI)

Option 2: Strengthening the banking sector

Option 3: Promoting rural credit

Option 4: Controlling inflation

Question : The 1991 economic policy in India aimed to address:

Option 1: Increasing government control in the economy

Option 2: High inflation and fiscal deficit

Option 3: Excessive privatization of public enterprises

Option 4: Declining foreign direct investment (FDI)

Question : In the early Five-year Plans, what was the primary role of public sector enterprises in the Indian economy?

Option 1: To attract foreign investment

Option 2: To provide social welfare services

Option 3: To drive industrialization and economic growth

Option 4: To promote export-oriented industries