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When was the First Industrial Policy resolution taken?

  1. A
    1956
  2. B
    1947
  3. C
    1948
  4. D
    1951

Solution & Step-by-step Explanation

The First Industrial Policy Resolution of independent India was declared on April 6, 1948, by Shyama Prasad Mukherjee, who was the then Minister of Industry and Supply. It laid down the foundations for a mixed economy system where both private and public sectors coexisted.

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When was the First Industrial Policy resolution taken?
A
1956
B
1947
C
1948
D
1951

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Indian EconomyIndustrial Policy

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