Economics · Economic History of India
What was a significant feature of India's industrial policy during the License Raj period, which spanned from 1947 to 1991?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Deregulation of industrial licensing
- 2Unrestricted foreign investment
- 3Extensive government control over industry entry and production✓
- 4Complete privatisation of key industries
Correct answer
Extensive government control over industry entry and production
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