Business Environment - Business Environment Section 1

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51. Assertion (A). In 1991 only 4 industries are reserved for public sector.
Reason (R). Industrial Policy 1991 defines MRTP firm as companies with turn over of Rs. 20 crores.

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52. Assertion(A). In 1991 the government decided to allow all foreign investment to any industries without any restrictions.
Reason(R). The government has enhanced the investment limit of small scale industries units.

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53. Core sector include

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54. In the industrial policy resolution 1956, the industries reserved for public sectors were included in a schedule

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55. New industrial policy was introduced in

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