Question
Consider the following statements regarding The Indian
Development and Regulation Act (1951)?  (1) It is the genesis of Industrial licensing  (2) It was adopted from the Soviet Economic Planning  Select the correct answer using the code given belowSolution
The Indian Development and Regulation Act (1951)
- This Act was the genesis of a system of industrial licensing. Hence,statement 1 is correct.
- Industrial licensing involves seeking the government's permission for initiating commercial activities
- It also provided for the regulation and development of certain indus tries
- Â It was adopted from Soviet economic planning and rapid capital-Intensive industrialization. Hence, statement 2 is correct
- Accordingly, option C is correction
Which of the following scheme aims to provide a lump sum family benefit of Rs 10,000/- to the bereaved households in case of the death of the primary ac...
A momentous collaboration has been forged between the Ministry of Social Justice & Empowerment and the National Safai Karamcharis Finance and Developmen...
Government of India has come up with several initiatives for preventing discrimination against women at the workplace as well as increasing participatio...
What is the maximum amount of incentive in the form of cashback provided for each vendor per loan.
What is meant by Tax haven?
Fundamental Duties were included in the Indian Constitution under constitutional amendment act no.?
As per the revised norms of Ministry of Corporate Affairs (MCA), a small company is which has a paid-up Capital from not exceeding _______ & turnover n...
FRBM stands for:
Budget 2022 has provided for taxing rights by defining comprehensively the term Virtual Digital Assets (VDA) under the Income tax Act under a Chapter de...
Consider the following Statements.
                   I.           As part of AtmaNirbhar Bharat Abhiyan stimu...
Relevant for Exams:
