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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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