UPSC CSE Prelims

Industrial Policy question bank (Indian Economy)

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Q1.

Which of the following policy measures is traditionally associated with the New Industrial Policy of 1991 in India?

Topic: Industrial Policy | Source: AI Generated (UPSC CSE Prelims) | Status: pending review

(A)
Introduction of strict industrial licensing for all sectors
(B)
Abolition of industrial licensing except for a short list of industries
(C)
Nationalization of major private commercial banks
(D)
Complete ban on foreign direct investment in manufacturing
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Q2.

The 'Make in India' initiative, launched in 2014, primarily aims to transform India into which of the following?

Topic: Industrial Policy | Source: AI Generated (UPSC CSE Prelims) | Status: pending review

(A)
A global hub for manufacturing, design, and innovation
(B)
An agrarian exporter of raw agricultural produce
(C)
A purely service-driven digital economy without manufacturing
(D)
A closed economy relying entirely on domestic consumption
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