Question

Exercise
1. Select the correct alternative and write answer to the following questions :
(1) In which year the Industrial Development and Regulation Act came into force ?
(A) 1951
(B) 1955
(C) 1969
(D) 1986
(2) In which year did Essential Commodities Act came into exsistence ?
(A) 1951
(B) 1955
(C) 1969
(D) 1986
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BUSINESS ENVI​

Answer 1

Answer:

1). (A) 1951

—(1) This Act may be called the Industries (Development and Regulation) Act, 1951. (3) It shall come into force on such date2 as the Central Government may, by notification in the Official Gazette, appointment

2). (B). 1955

In this scenario, to stop the hoarding and black marketing of foodstuffs, The Essential Commodities Act was enacted in 1955.Jun 4, 2020