Podcast
Questions and Answers
What type of enterprises did IDRA encourage?
What type of enterprises did IDRA encourage?
- Multinational corporations
- Medium-sized companies
- Large corporations
- Small businesses (correct)
How many workers were required for a premises to be considered a factory under IDRA?
How many workers were required for a premises to be considered a factory under IDRA?
- 30 workers
- 20 workers
- 10 workers
- 50 workers with power or 100 workers without power (correct)
Which type of industries were exempt from licensing under IDRA?
Which type of industries were exempt from licensing under IDRA?
- Scheduled industries
- Industries not in Schedule I (correct)
- Multinational corporations
- Large corporations
What did IDRA have the power to regulate in private sector industry?
What did IDRA have the power to regulate in private sector industry?
Under what circumstances could the government take over private firms' management according to IDRA?
Under what circumstances could the government take over private firms' management according to IDRA?
What did the registration and licensing provisions of IDRA apply to?
What did the registration and licensing provisions of IDRA apply to?
Why does the text emphasize the importance of heavy industries?
Why does the text emphasize the importance of heavy industries?
According to Mahalanobis in 1955, what is a key aim related to heavy industries?
According to Mahalanobis in 1955, what is a key aim related to heavy industries?
What was T.T.Krishnamachari's approach towards importing goods?
What was T.T.Krishnamachari's approach towards importing goods?
What percentage of total imports were consumer goods during the I and II FYP?
What percentage of total imports were consumer goods during the I and II FYP?
Which minister, despite having no political clout, supported T.T.Krishnamachari's approach to importing goods?
Which minister, despite having no political clout, supported T.T.Krishnamachari's approach to importing goods?
How did M. Mahalanobis justify the need to develop heavy industries?
How did M. Mahalanobis justify the need to develop heavy industries?
What was required of all industrial undertakings in the scheduled industries?
What was required of all industrial undertakings in the scheduled industries?
What did a license issued by the central government specify?
What did a license issued by the central government specify?
What could exempt certain industrial undertakings from some provisions of the act?
What could exempt certain industrial undertakings from some provisions of the act?
When did the small-scale industries (SSI) reservation appear?
When did the small-scale industries (SSI) reservation appear?
Under what circumstances could the central government assume direct management or control of industrial undertakings?
Under what circumstances could the central government assume direct management or control of industrial undertakings?
What authority did the central government have over prices and distribution in specified industries?
What authority did the central government have over prices and distribution in specified industries?
What was the primary focus of the Indian government in terms of foreign capital investment?
What was the primary focus of the Indian government in terms of foreign capital investment?
In what year was the Indian Investment Center established to provide information and advice to foreign investors?
In what year was the Indian Investment Center established to provide information and advice to foreign investors?
Which industry was NOT among the profitable industries that welcomed foreign investment in India post-1961?
Which industry was NOT among the profitable industries that welcomed foreign investment in India post-1961?
What type of investment did Western multinationals show more interest in during the early 1950s in India?
What type of investment did Western multinationals show more interest in during the early 1950s in India?
What were the 3 key elements of the restrictive industrial policy regime implemented in India?
What were the 3 key elements of the restrictive industrial policy regime implemented in India?
Which statement best describes the Indian government's stance on local majority ownership in industries?
Which statement best describes the Indian government's stance on local majority ownership in industries?
What was the primary purpose of issuing licenses liberally for the chemical and engineering industries during the 1950s?
What was the primary purpose of issuing licenses liberally for the chemical and engineering industries during the 1950s?
Why was the cotton textiles industry subjected to stricter licensing policies compared to other industries?
Why was the cotton textiles industry subjected to stricter licensing policies compared to other industries?
Which entrepreneurial base did the government aim to broaden through the issuance of licenses?
Which entrepreneurial base did the government aim to broaden through the issuance of licenses?
What was the significance of Kilachands and Nanu Bhai Jewelers in the context of setting up basic chemical capacity in nylon and synthetic rubber?
What was the significance of Kilachands and Nanu Bhai Jewelers in the context of setting up basic chemical capacity in nylon and synthetic rubber?
How did the government encourage competition through the licensing process?
How did the government encourage competition through the licensing process?
What were the three primary objectives of distribution and price controls mentioned in the text?
What were the three primary objectives of distribution and price controls mentioned in the text?
