SSC Stenographer 2025 PYQ — Question 39

The correct answer is Option 4: Promoting public sector

Detailed Analysis & Solution

The Industrial Policy Resolution (IPR) of 1948 was the first official economic roadmap for independent India. It was announced by the then Minister of Industry and Supply, Dr. Syama Prasad Mookerjee, on April 6, 1948.

Mixed Economy Model: The resolution laid the foundation for a Mixed Economy, where both the public and private sectors would co-exist.

Dominance of the Public Sector: It clearly defined the State's role in industrial development. The core objective was to ensure that the "commanding heights" of the economy remained under government control to prevent private monopolies and ensure social welfare.

Potential Competition Questions

Q1. Who announced the first Industrial Policy Resolution of Independent India in 1948?

Answer: Dr. Syama Prasad Mookerjee

Q2. Which Industrial Policy is often referred to as the "Economic Constitution of India"?

Answer: IPR 1956