Economics · Indian Economy
Consider the following statements regarding Indian economic policies post-independence: 1. The Industrial Policy Resolution of 1956 emphasized the development of heavy industries. 2. The Monopolies and Restrictive Trade Practices (MRTP) Act aimed to prevent the concentration of economic power. 3. The Green Revolution initially increased regional disparities between well-endowed and less-endowed regions. 4. The License Raj system restricted the entry and expansion of private sector enterprises. Which of the statements given above are correct?
- 11, 2, 3, and 4
- 22 and 3 only
- 31 and 3 only
- 41, 2, and 4 only✓
Correct answer
1, 2, and 4 only
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