Q.13 As a part of economic reforms, the governmcht of India announced a new industrial policy in July 1991
(a) The Government reduced the number of industries under compulsory licensing to six.
(b) Many of the industries reserved for the public sector under the earlier policy, were deserve the role of the
public sector was limited only to four industries of strategic importance
(c) Disinvestment was carried out in case of many public sectors industrial enterprises
(d) Policy towards foreign capital was liberalised. The share of foreign equity participation was increased and in
many activities 100 per cent Foreign Direct Investment (FDI) was permitted.
Identify and explain the dimensions of business environment highlighted above.
(6 marks)
Answers
Q.13 As a part of economic reforms, the governmcht of India announced a new industrial policy in July 1991
(a) The Government reduced the number of industries under compulsory licensing to six.
(b) Many of the industries reserved for the public sector under the earlier policy, were deserve the role of the
public sector was limited only to four industries of strategic importance
(c) Disinvestment was carried out in case of many public sectors industrial enterprises
(d) Policy towards foreign capital was liberalised. The share of foreign equity participation was increased and in
many activities 100 per cent Foreign Direct Investment (FDI) was permitted.
Identify and explain the dimensions of business environment highlighted above.
(6 marks)
okkkkkk
Answer:
bhhjjnbabjzksnsbebsjjnab