Q9
Which among the following is the goal of the Industrial policy of 1948?
A.
To have a mixed economic model
AnswerB.
To have a socialist economic model
C.
To help Private sector develop
D.
None of the above
Answer: Option A
Solution
Answer: Option A
Solution:
To have a mixed economic model is the goal of the Industrial policy of 1948. It was introduced in 1948. It was for a period of 10 years. The main goal of this policy was to accelerate the industrial development by introducing a mixed economy where the private and public sector was accepted as important in the development of the economy.