Economics · Industrial Policy
Which of the following legislative acts provided the statutory framework for the industrial licensing system in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Industrial Policy Resolution, 1956
- 2Industries (Development and Regulation) Act, 1951✓
- 3Monopolies and Restrictive Trade Practices Act, 1969
- 4Companies Act, 1956
Correct answer
Industries (Development and Regulation) Act, 1951
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