Exams › SSC CGL (Prelims) › General

The Industrial Policy Resolution (IPR) that introduced the classification of industries into Schedule A, B, and C, clearly defining the role of the public and private sectors, was adopted in which year?

1. 1948
2. 1956
3. 1969
4. 1977

Correct answer: 1956

Solution

The Industrial Policy Resolution of 1956 classified industries into Schedule A, B, and C and laid down a stronger role for the public sector. It is a landmark policy in India’s planned economic development. Therefore, the correct year is 1956.

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