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 feature of a command economy?
View QuestionWhat does the term “national income” refer to?
View QuestionWhich of the following is NOT a function of the World Trade Organization (WTO)?
View QuestionWhat is the Phillips Curve?
View QuestionWhich of the following is an example of a public sector undertaking (PSU) in India?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhich of the following is considered a public good?
View QuestionWhich term refers to an economy that has elements of both capitalism and socialism?
View QuestionWhat is the meaning of “disguised unemployment”?
View QuestionWhat does the Gini Coefficient measure?
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