Question : What role did public sector enterprises play in India's planned development?.
Option 1: They focused on export-oriented growth.
Option 2: They were responsible for providing social services.
Option 3: They were the backbone of industrial development.
Option 4: They facilitated the growth of small-scale industries
Correct Answer: They were the backbone of industrial development.
Solution : Public sector enterprises played a crucial role as the backbone of industrial development in India's planned development, contributing to infrastructure, heavy industries, and strategic sectors.
Question : What was the main objective of industrial sector reforms in the 1991 economic policy?
Option 1: Promoting export-oriented industries
Option 2: Nationalizing key industries
Option 3: Encouraging small-scale industries
Option 4: Protecting domestic industries from foreign competition
Question : Planned industrialization in India was characterized by:
Option 1: A focus on export-oriented industries
Option 2: Emphasis on small-scale and cottage industries
Option 3: State-led development of heavy industries
Option 4: Rapid privatization of public enterprises
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
Question : The 1991 economic policy aimed to promote the development of which type of industries?
Option 1: Small-scale industries
Option 2: Cottage industries
Option 3: Heavy industries
Option 4: Public sector industries
Question : Which policy aimed to replace import-oriented development with export-oriented growth in India?
Option 1: Swadeshi movement
Option 2: Import substitution
Option 3: Export promotion
Option 4: Public-private partnership
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