Which of these is NOT one of the reasons why the public sector played a dominant role in establishing the Industrial sector in India post-Independence?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. To avoid generation of private profit.
To avoid generation of private profit. The primary reason for the public sector's dominant role in establishing the industrial sector post-independence was not to avoid private profits, but rather due to factors like the lack of capital with private businesses, the absence of a large market, and the need for infrastructure development where the public sector could step in.