Multiple choice

At the time of independence, Indian industries were crying for modernization due to

  1. Lack of capital goods industries

  2. Adverse effect of de industrialization

  3. Limited role of public sector

  4. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

At the time of independence, the industrial sector was characterized by a lack of capital goods industries and a very limited role for the public sector in industrial development.