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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the main goal of the Industrial Policy Resolution 1956?
💡 Hint: Think about the role of government in the economy.
Question 2
Easy
How many categories were industries classified into under the IPR?
💡 Hint: Recall the term G-P-S for categorization.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does the Industrial Policy Resolution of 1956 emphasize?
- Government control
- Complete privatization
- Deregulation
💡 Hint: Think about government involvement in the economy.
Question 2
True or False: The License Raj facilitated easier entry into the industrial market.
- True
- False
💡 Hint: Consider how regulations affect business openings.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Assess the long-term impact of the IPR on India’s industrial competitiveness in the global market.
💡 Hint: Consider where India stands in comparison to more liberal economies.
Question 2
Propose alternatives to the regulatory approaches of IPR that could balance control and promote efficiency.
💡 Hint: Look into modern economic best practices around the world.
Challenge and get performance evaluation