Correct Answer: Ensuring the preservation of cultural and ecological heritage
   

Solution : The management of traditional property resources is crucial for ensuring the preservation of cultural and ecological heritage, as these resources are integral to the identity and sustainability of local communities.

Correct Answer: Hilton-Young Commission

Solution : The correct answer is (a) Hilton-Young Commission.

The Hilton-Young Commission, officially known as the Royal Commission on Indian Currency and Finance, was formed in 1925 to review and recommend reforms for India's financial and monetary system. The commission, led by Lord Hilton-Young, submitted its report in 1926, which included recommendations for the establishment of specialized financial institutions to promote industrial development in India.

Based on the recommendations of the Hilton-Young Commission, the Industrial Finance Corporation of India (IFCI) was established in 1948. The IFCI was envisioned as a development finance institution aimed at providing long-term financial assistance to industrial projects in India.

Correct Answer: Advocate for sustainable development practices

Solution : A key objective of environmental movements in India is to advocate for sustainable development practices, emphasizing the need for balance between economic growth and environmental protection.

Correct Answer: The emergence of a large industrial working class  
 

Solution : Post-independence, the class structure in India saw the emergence of a large industrial working class as a result of planned industrialization and urbanization.  

Correct Answer: Both statements are true.
   

Solution : The correct option is (a) Both statements are true.

Statement 1 is true. The Industrial Policy Resolution of 1956 emphasized the importance of developing heavy industries in India to support economic growth and self-sufficiency. The focus was on sectors such as steel, power, heavy machinery, and chemical industries, which were considered crucial for industrialization and infrastructure development.

Statement 2 is also true. The Industrial Policy Resolution of 1956 advocated for a dominant role of the public sector in key industries. It emphasized the establishment of public sector enterprises and state control over strategic industries. The government aimed to use the public sector as an instrument for planned economic development and social welfare.

Therefore, both statements are true. The Industrial Policy Resolution of 1956 aimed to promote the development of heavy industries and emphasized public sector dominance in key industries.

Correct Answer: P. V. Narasimha Rao

Solution : The correct option is P. V. Narasimha Rao.

The Industrial Policy of 1991 in India was launched during the tenure of Prime Minister P. V. Narasimha Rao. The reforms included measures such as liberalisation of industrial licensing, reduction of trade barriers, encouragement of foreign direct investment (FDI), and privatisation of some public sector enterprises.

Correct Answer: Mining of salt

Solution : The correct option is the Mining of salt.

The mining of salt was not included in Schedule A of the Industrial Policy of 1956 in India. In the context of India's industrial policy, Schedule A included industries that were exclusively reserved for the public sector. The reservation of industries for the public sector aimed to promote state ownership and control in sectors of the economy.

Correct Answer: Rural landholdings  

Solution : Land reforms in India were intended to break the concentration of rural landholdings, redistributing land to the landless and small farmers to promote social equity and agricultural productivity.

Correct Answer: Both 1 and 2

Solution : Answer = Both 1 and 2
AS-3 has been mandatory for Enterprises whose equity or debt securities are listed on a recognised inventory exchange in India, and All other commercial, industrial and business enterprises, whose turnover for the accounting period exceeds Rs. 50 Crores.
Hence, the correct option is 3.

Correct Answer: Green city

Solution : Correct Option: Option 1
Explanation: A green city is an urban settlement known for its environmental sustainability initiatives, focusing on reducing pollution, conserving resources, and promoting eco-friendly practices.