Subject: Economics
Book: Comprehensive Indian Economy
India’s industrial policy has transitioned from a tightly controlled regime—featuring licenses and quotas—to one encouraging private enterprise and FDI. Key phases include the 1956 Industrial Policy Resolution, liberalization post-1991, and recent initiatives like “Make in India.” Core challenges involve infrastructure bottlenecks, labor law rigidities, and technology gaps. MSMEs form the backbone, generating significant employment, but require better credit access and modern managerial practices. Students should explore how industrial corridors, export promotion strategies, and skill development programs shape sectoral growth and global competitiveness, especially in manufacturing and innovation-led industries.
Which is the largest source of tax revenue for the Government of India?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
View QuestionWhat is “open market operations” (OMO)?
View QuestionWhat does the term “elasticity of demand” measure?
View QuestionWhat is the main feature of a free-market economy?
View QuestionWhat is the main aim of Public Distribution System (PDS) in India?
View QuestionWhat is meant by “credit rating”?
View QuestionWhat is the term for goods that are used together, such as cars and fuel?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View Question