Business Environment - Business Environment MCQ

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51:  

Assertion (A). The new Industrial policy was announced on July 24, 1991.

Reason (R). The new industrial policy was announced by the V.P. Singh Government.

A.	Both (A) and (R) are true and (R) is the correct explanation of (A).
B.	Both (A) and (R) are true but (R) is not the correct explanation of (A).
C.	(A) is true but (R) is false.
D.	(A) is false but (R) is true.
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

52:  

Assertion (A) . Industrialisation of an economy is considered synonymous with growth.

Reason (R). The transfer of resources from agriculture to industry may be capital or labour or both.

 

A.	Both (A) and (R) are true and (R) is the correct explanation of (A).
B.	Both (A) and (R) are true but (R) is not the correct explanation of (A).
C.	(A) is true but (R) is false.
D.	(A) is false but (R) is true.
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

53:  

Assertion (A). In 1991 only 4 industries are reserved for public sector.

Reason (R). Industrial Policy 1991 define MRTP firm as companies with turn over of Rs. 20 crore.

A.	Both (A) and (R) are true and (R) is the correct explanation of (A).
B.	Both (A) and (R) are true but (R) is not the correct explanation of (A).
C.	(A) is true but (R) is false.
D.	(A) is false but (R) is true.
	Answer Report Discuss
	Option: C Explanation : Click on Discuss to view users comments. Shalini said: (10:50pm on Tuesday 27th June 2017) Only 3 industries were reserved for public sector.Plz give proof of reason of mrtp firms Write your comments here: Updating your Comments.. Updating your Comments..

54:  

Assertion (A). In 1991 government decided to allow all foreign investment to any industries without any restrictions.

Reason (R). Government has enhanced the investment limit of small scale industries units.

A.	Both (A) and (R) are true and (R) is the correct explanation of (A).
B.	Both (A) and (R) are true but (R) is not the correct explanation of (A).
C.	(A) is true but (R) is false.
D.	(A) is false but (R) is true.
	Answer Report Discuss
	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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