Multiple choice

Under liberalisation and deregulation of controls, licence compulsion has been removed for a number of industries. At present the number of having licence restrictions in current policy is

  1. 4

  2. 5

  3. 12

  4. 6
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Under India's liberalization policy since 1991, most industries have been delicensed. Currently, only a handful of industries (like distillation and brewing of alcoholic drinks, cigars, cigarettes, defence equipment, hazardous chemicals, etc.) require industrial licenses. The number typically cited is around 5-6 industries.

Keep practicing — related questions