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In which year was the first Industrial Policy based on the mixed economy principle announced in India? The policy clearly demarcated the areas of operation of the public and private sectors
1959
1948
1950
1962
- The first Industrial Policy in India, based on the mixed economy principle, was announced in 1948.
- This policy outlined the distinct roles for both public and private sectors.
- Option 2: 1948 - The right answer. It marked the beginning of structured industrial growth in post-independence India.
- Option 1: 1959, does not relate to the first Industrial Policy.
- Option 3: 1950, while significant for the Indian economy, does not mark the introduction of the first Industrial Policy.
- Option 4: 1962, also not relevant to the first Industrial Policy announcement.
By: Parvesh Mehta ProfileResourcesReport error
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