The 'exit policy' under industrial reforms was designed to:

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Economics · Economic Reforms

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Permit firms to close down unviable operations and exit the industry

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Recommended practice questions in Economics · Economic Reforms

Mahatma Gandhi's last fast unto death in 1948 was primarily against which of the following?

What was the primary meaning of 'Swaraj' as popularized by Mahatma Gandhi during India's independence movement?

What was one major impact of India’s independence on its economy?

Answer 1

Remove subsidies on export-oriented industries

Answer 2

Permit firms to close down unviable operations and exit the industry

Answer 3

Legally protect loss-making public sector undertakings

Answer 4

Allow multinational corporations to enter the market

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