Public Sector During Colonial Period
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Question (English)
The public sector during the colonial period was confined to which of the following areas?
- Heavy industries and manufacturing
- Railways, power generation, communications, and ports ✓ Correct
- Agriculture and allied activities
- Banking and financial services
Explanation:
Correct Answer Explanation
The public sector remained confined only to railways, power generation, communications, ports and some other departmental undertakings.
Key Points:
- The area of public sector operation was very limited — a significant drawback.
- Growth rate of the new industrial sector was very small.
- Its contribution to GDP or Gross Value Added remained very small.
📚 About this Topic — CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
This multiple choice question is from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE to strengthen your preparation.
