Economics · Indian Economy
Match List-I with List-II regarding the pre-1991 Indian economic framework: List-I A. Five Year Plans B. Licensing System C. Import Substitution D. Public Sector List-II I. Centralized economic planning II. Restrictions on entry and capacity expansion III. Inward-looking trade strategy / Protectionism IV. Occupying the commanding heights of the economy Choose the correct option:
- 1A-IV, B-II, C-III, D-I
- 2A-I, B-III, C-II, D-IV
- 3A-II, B-I, C-III, D-IV
- 4A-I, B-II, C-III, D-IV✓
Correct answer
A-I, B-II, C-III, D-IV
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