cueprepUPSC CSE Prelims Industry & Infrastructure Flashcards
Master 10 industry & infrastructure concepts for the UPSC CSE Prelims.
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Question
Complete the classification under the Industrial Policy Resolution of 1956:
The IPR 1956 classified industries into three schedules. Schedule A contained industries exclusive to the , Schedule B consisted of sector industries, and Schedule C was left for the sector.
Question
Consider the following statements regarding the New Industrial Policy (LPG Reforms) of 1991:
- It abolished industrial licensing for all sectors except a few specified industries.
- It decreased the role of the public sector by reducing the number of industries reserved exclusively for it. Which of the statements given above is/are correct?
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