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      Question

      The First Industrial Policy of

      Independent India was announced in ___________________.
      A 1956 Correct Answer Incorrect Answer
      B 1971 Correct Answer Incorrect Answer
      C 1947 Correct Answer Incorrect Answer
      D 1948 Correct Answer Incorrect Answer
      E 1955 Correct Answer Incorrect Answer

      Solution

      The first industrial policy after independence was announced on 6th April 1948. This policy aimed to accelerate the industrial development by introducing a mixed economy where the private and public sector was accepted as important in the development of the economy. It set Indian economy in socialistic patterns.

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