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Questions and Answers
What is the main purpose of the Industries Development and Regulation Act (IDRA), 1951?
What is the main purpose of the Industries Development and Regulation Act (IDRA), 1951?
- To provide tax breaks to foreign investors in Indian industries
- To promote the growth of all industries in India
- To abolish regulations on all industries in India
- To regulate and develop certain specific industries in India (correct)
What is the significance of the IDRA, 1951?
What is the significance of the IDRA, 1951?
- It aimed to regulate and develop specific industries for the country's economic growth (correct)
- It aims to nationalize all industries in India
- It seeks to modernize traditional industries in India
- It paved the way for privatization of industries in India
What challenges have been associated with the IDRA, 1951?
What challenges have been associated with the IDRA, 1951?
- Lack of regulations leading to chaos in industries
- Inability to attract foreign investment in Indian industries
- Limited scope for government intervention in industries
- Excessive bureaucratic control over industries (correct)
What impact did the IDRA, 1951, have on Indian industries?
What impact did the IDRA, 1951, have on Indian industries?
Flashcards
Industries Development and Regulation Act (IDRA) of 1951
Industries Development and Regulation Act (IDRA) of 1951
Indian law focusing on developing and controlling specific industries
Objectives of IDRA
Objectives of IDRA
Reasons behind the act, likely focused on growth, efficiency and potentially control of specific industries
Impact of IDRA
Impact of IDRA
The effects the IDRA has had on the industries and economy of India
Amendments to IDRA
Amendments to IDRA
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Study Notes
The Industries Development and Regulation Act (IDRA), 1951, is an important Act in India that has been enacted to provide for the development and regulation of certain industries. The Act has been amendments and has underw [31st October, 1951] An Act to provide for the development and regulation of certain industries. The objectives of IDRA, provisions, impact, challenges, and amendments to the Act [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [119] [120] [121] [122] [123] [124] [125] [126] [127] [128] [129] [130] [131] [132] [133] [134] [135] [136] [137] [138] [139] [140] [141] [142] [143] [144] [145] [146] [147] [148] [149] [150] [151] [152] [153] [154] [155] [156] [157] [158] [159] [160] [161] [162] [163] [164] [165] [166] [167] [168] [169] [170] [171] [172] [173] [174] [175] [176] [177] [178] [179] [180] [181] [182] [183] [184] [185] [186] [187] [188] [189] [190] [191] [192] [193] [194] [195] [196] [197] [198] [199] [200] [201] [202] [203] [204] [205] [206] [207] [208] [209] [210] [211] [212] [213] [214] [215] [216] [217] [218] [219] [220] [221] [222] [223] [224] [225] [226] [227] [228] [229] [230] [231] [232] [233] [234] [235] [236] [237] [238] [239] [240] [241] [242] [243] [244] [245] [246] [247] [248] [249] [250] [251] [252] [253] [254] [255] [256] [257] [258] [259] [260] [261] [262] [263] [264] [265] [266] [267] [268] [269] [270] [271] [272] [273] [274] [275] [276] [277] [278] [279] [280] [281] [282] [283] [284] [285] [286] [287] [288] [289] [290] [291] [292] [293] [294] [295] [296] [297] [298] [299] [300] [301] [302] [303] [304] [305] [306] [307] [308] [309] [310] [311] [312] [313] [314] [315] [316] [317] [318] [319] [320] [321] [322] [323] [324] [325] [326] [327] [328] [329] [330] [331] [332] [333] [334] [335] [336] [337] [338] [339] [340] [341] [342] [343] [344] [345] [346] [347] [348] [349] [350] [351] [352] [353] [354] [355] [356] [357] [358] [359] [360] [361] [362] [363] [364] [365] [366] [367] [368] [369] [370] [371] [372] [373] [374] [375] [376] [377] [378] [379] [380] [381] [382] [383] [384] [385] [386] [387] [388] [389] [390] [391] [392] [393] [394] [395] [396] [397] [398] [399] [400] [401] [402] [403
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Description
This quiz covers the objectives, provisions, impact, challenges, and amendments of the Industries Development and Regulation Act (IDRA), which was enacted in India to provide for the development and regulation of certain industries. Gain insights into the historical background and key aspects of this significant legislation.
