UPSC Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank Industries and Infrastructure

  • question_answer
    Which statement is correct regarding joint venture?
    I. 15 industrial areas were put under this category.
    II. This category also carried the provision of compulsory licensing.
    III. This provision led to the establishment of the so-called 'Licence-Quota-Permit raj' in the economy.
     

    A) I & II      

    B) II & III

    C) Only I                          

    D) All the above

    Correct Answer: B

    Solution :

    12 industrial areas were put under this category. This category also carried the provision of compulsory licensing. This provision led to the establishment of the so- called 'Licence- Quota- Permit raj' in the economy.


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