Subject: Economics
Book: Comprehensive Indian Economy
India’s industrial policy has transitioned from a tightly controlled regime—featuring licenses and quotas—to one encouraging private enterprise and FDI. Key phases include the 1956 Industrial Policy Resolution, liberalization post-1991, and recent initiatives like “Make in India.” Core challenges involve infrastructure bottlenecks, labor law rigidities, and technology gaps. MSMEs form the backbone, generating significant employment, but require better credit access and modern managerial practices. Students should explore how industrial corridors, export promotion strategies, and skill development programs shape sectoral growth and global competitiveness, especially in manufacturing and innovation-led industries.
What is meant by “credit rating”?
View QuestionWhat is the “law of diminishing marginal utility”?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhat is “quantitative easing”?
View QuestionWhat is “inflation targeting”?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhat does “Laissez-faire” policy advocate?
View QuestionWhat does the term "depreciation" refer to in the context of assets?
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