Question : In which industrial policy was the investment limit for tiny industry units increased to INR 2 lakh?
Option 1: 1977
Option 2: 1991
Option 3: 1980
Option 4: 1956
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Correct Answer: 1980
Solution : The correct option is 1980.
The investment limit for tiny industry units was increased to INR 2 lakh in the Industrial Policy Resolution of 1980. This was a significant policy shift, as it provided much-needed support to small businesses in India.
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Question : Effect of The Industrial Policy, 1956 on industries was _____.
Option 1: industries started to get diversified
Option 2: India become self-sufficient in industrial goods
Option 3: imports of those goods which could be produced in India itself was avoided
Option 4: industries share fell in the GDP during 1991
Question : What was the duration of the Rolling Plan in India?
Option 1: 1975 to 1977
Option 2: 1977 to 1979
Option 3: 1976 to 1978
Option 4: 1978 to 1980
Question : The Industrial Policy Resolution of 1956 classified industries into how many categories?
Option 1: 3
Option 2: 5
Option 3: 6
Option 4: 4
Question : How many industries were listed in Schedule A of Industrial Policy, 1956?
Option 1: 16
Option 2: 17
Option 3: 10
Option 4: 12
Question : The rate of simple interest for which INR 9,000 will amount to INR 10,200 in 4 years is:
Option 1: $4\frac{2}{3}\%$
Option 2: $7\frac{1}{3}\%$
Option 3: $5\frac{1}{2}\%$
Option 4: $3\frac{1}{3}\%$
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