Which among the following is the goal of the Industrial policy of 1948?

A. To have a mixed economic model

B. To have a socialist economic model

C. To help Private sector develop

D. None of the above

Answer: Option A

Solution(By Examveda Team)

To have a mixed economic model is the goal of the Industrial policy of 1948. It was introduced in 1948. It was for a period of 10 years. The main goal of this policy was to accelerate the industrial development by introducing a mixed economy where the private and public sector was accepted as important in the development of the economy.