SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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According to Industrial Policy Resolution, 1956, following industries were part of Schedule A:
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Arms and ammunition
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Chemical industry
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atomic energy
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railways
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shipbuilding
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Explanation:
Detailed explanation-1: -The schedule B industries included other minerals than central monopoly; machine tools; ferro alloys, steel tools; raw material needed for manufacturing of drugs, dyes and plastics; essential drugs and antibiotics; fertilizers; synthetic rubber; chemical pulp, road and sea transport.
Detailed explanation-2: -In the Industrial Policy of 1956 there were 17 industries reserved exclusively for public sector.
Detailed explanation-3: -According to the Industrial Policy Revolution, 1956, the industrial sector was divided into three categories, namely: i) Schedule A Industries or Government Enterprises; ii) Schedule B Industries or Mixed Enterprises; iii) Schedule C Industries or Private Enterprises.
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