The Department of Industrial Policy & Promotion was established in.....and has been reconstituted in the year 2000 with the merger of the Department of Industrial Development.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Department of Industrial Policy & Promotion was established in____and has been reconstituted in the year 2000 with the merger of the Department of Industrial Development.

A	1999
B	1993
C	1995
D	1997

Explanation:

Detailed explanation-1: -The department in its current form came into being on 27 January 2019, when the erstwhile Department of Industrial Policy & Promotion was renamed to Department for Promotion of Industry and Internal Trade (DPIIT) after internal trade was added to its mandate.

Detailed explanation-2: -The Department of Industrial Policy & Promotion (DIPP)is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives. It is responsible for the overall Industrial Policy.

Detailed explanation-3: -UPSC Questions related to DPIIT Yes, the Department of Industrial Policy & Promotion (DIPP) was renamed as the Department for Promotion of Industry and Internal Trade (DPIIT).

Detailed explanation-4: -Answer: According to the IPR, 1948, the industrial sector was divided into four groups: Basic and strategic industries like arms and ammunition, atomic energy, railways, etc. Key industries like coal, iron and steel, shipbuilding, manufacture of telegraph, telephone, mineral oils, etc.

There is 1 question to complete.