Multiple choice general knowledge

In which year Industrial Licensing was introduced in India?

  1. 1950

  2. 1951

  3. 1961

  4. 1971

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

Industrial Licensing was introduced in 1951 through the Industries (Development and Regulation) Act. This framework required industrial units to obtain licenses before establishment, marking a shift towards planned economic development in newly independent India.