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Q101 (CDS-II/2010) History & Culture › National Movement (1857–1947) › Nationalist leaders Answer Verified

Match List I with List II and select the correct-answer using the code given below the Lists

(Industrial policy) | (Salient feature)
A. The industrial policy 1948. | 1.Began the process of state-centric economy
B. The industrial policy 1956 | 2.Reaffirmed faith in mixed economy
C. The industrial policy 1980 | 3.Initiated public-private partnership
D. The industrial policy 1991 | 4.Ushered in mixed economy

Result
Your answer:  ·  Correct: A

Explanation

The correct matching for India's Industrial Policies is as follows:

  • Industrial Policy 1948 (A-4): It was the first policy that formally ushered in the mixed economy model in India.
  • Industrial Policy 1956 (B-1): It emphasized the 'Socialist Pattern of Society' and began the process of a state-centric economy with heavy government control.
  • Industrial Policy 1980 (C-2): Launched after the Janata rule, it reaffirmed faith in the mixed economy framework established by the 1956 resolution.
  • Industrial Policy 1991 (D-3): This policy introduced structural reforms and initiated public-private partnership (PPP) by deregulating many sectors.

Thus, the correct sequence is A-4, B-1, C-2, D-3.

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