Question

    According to the Industrial Policy Statement of 1973,

    the private sector was allowed to apply for the license of their industry only after having a total assets of ₹ ____ or more.
    A 2 lakh Correct Answer Incorrect Answer
    B 20 lakh Correct Answer Incorrect Answer
    C 2 crore Correct Answer Incorrect Answer
    D 20 crore Correct Answer Incorrect Answer

    Solution

    According to the Industrial Policy Statement of 1973: the private sector was allowed to apply for the license of their industry only after having total assets of Rs. 20 crores or more.

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