Question : The main objective of the Industrial Policy of 1991 was to:

Option 1: Promote public sector enterprises

Option 2: Encourage import substitution

Option 3: Liberalize the Indian economy

Option 4: Promote foreign direct investment

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 : The major objective of the Foreign Exchange Regulation Act (FERA) was to:

Option 1: Promote foreign investment

Option 2: Regulate imports and exports

Option 3: Control foreign exchange transactions

Option 4: Promote international trade

Question : Disinvestment refers to the sale of government equity or shares in:

Option 1: Public sector enterprises

Option 2: Private sector enterprises

Option 3: Foreign sector enterprises

Option 4: Cooperative sector enterprises

Question : Statement 1: The Industrial Policy Resolution of 1956 aimed to promote the development of the public sector in India.

Statement 2: The resolution emphasized the role of private enterprises in industrial growth.

Option 1: Both statements are true.
 

Option 2: Both statements are false.
 

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.