How many industries were listed in Schedule A of Industrial Policy, 1956?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 17.
In the Industrial Policy of 1956, 17 industries were listed in Schedule A. These industries were reserved exclusively for the public sector, emphasizing the government's control over key sectors of the economy. The policy aimed to promote industrial development and establish a mixed economy, with Schedule A industries including critical areas like defense, atomic energy, railways, and heavy machinery, among others. This approach was intended to ensure strategic sectors remained under government control for national interest.