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.
Which of the following is a characteristic of “perfect competition”?
View QuestionWhat is the “law of diminishing marginal utility”?
View QuestionWhat is the main objective of disinvestment in public sector undertakings (PSUs)?
View QuestionWhat is meant by “crowding out” in economics?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhich of the following is an example of a public sector undertaking (PSU) in India?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View QuestionWhat is a “repo rate”?
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