Question

IPR 1956 laid emphasis on the role of
a) public sector
b) private sector
c) FDI
d) large scale industries

Answer 1

Answer:

D . Large scale industries , because of It was the good policy to Promote industrial progress to increase the indian economy.

Answer 2

Answer:

the correct option is A i.e, Public sector

Explanation:

Industries policy resolution 1956 (IPR 1956) in accordance with the goal of the state controlling the commanding heights of the economy. This resolution formed on the basis of the second five year plan, the plan which tried to build the basis for a socialistic sector of economy.

In IPR 1956, classifies industries into three fold categories:

• The first category (Schedule A) comprised industries which would be exclusively owned by the state government.
• The second category consisted of industries in which private sector could supplement the effort of the state effort, with the state taking the sole responsibility for starting new unit.

IPR 1956 emphasis on the role of public sector.

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