Question

What was the main objective of industrial licensing?

Solution

Its aim was to establishment, expansion and ownership of private industries according to priorities of five-year plans and to check the monoply tendency in industries. It also had the objective of removing regional disparities.

Some More Questions From Indian Economy 1950-1990 Chapter

What is a socialist economy?

What is mixed economy?

What is meant by economic growth?

For Daily Free Study Material Join wiredfaculty

Indian Economy 1950-1990

What was the main objective of industrial licensing?

Some More Questions From Indian Economy 1950-1990 Chapter

What is a socialist economy?

What is mixed economy?

What is meant by economic growth?

What structural change undergoes with development of the economy?

Name the sectors from which the GDP of a country is derived.

On which idea is the policy of 'land to tiller' is based?

Where is the provision for economic and social planning in our Constitution?

Why is agriculture called the backbone of Indian Economy?

What is meant by agriculture?

What are the main causes of backwardness of Indian agriculture?

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

Phone Number

Email Address

Location