New Free Workshop on RBI Grade B Descriptive Answer Writing - Join Us!
Register

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.

Practice Next
×
×