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<html><body><h2 id="content-id-4932086715-2"><b>GK Misc Questions Overview</b></h2><p>GK Misc Questions have a good weightage in the SSC Stenographer English Exam and the type of question asked in SSC Stenographer English exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in GK Misc Questions.</p><h2 id="content-id-3678049521-3"><b>Question On GK Misc </b></h2>Which of the following was a major criticism of the industrial policy followed in India during 1950–1990?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 32 Seconds </h3></div></div><h2 id="content-id-1384265907-4"><b> GK Misc Questions Options</b></h2><ol><li><p>Too much emphasis on exports.</p>
</li><li><p>Creation of a protected market leading to inefficiency and lack of innovation.</p>
</li><li><p>Excessive competition among domestic industries.</p>
</li><li><p>Neglect of the public sector.</p>
</li></ol> <h2 id="content-id-4051792638-5"><b> GK Misc Questions Solution</b></h2><p>The correct answer is <strong>option 2</strong> i.e. <strong>Creation of a protected market leading to inefficiency and lack of innovation.</strong></p>



<p>India’s industrial policy during <strong>1950–1990</strong> was largely based on a <strong>mixed-economy model</strong>, with a significant role for the public sector and extensive government regulation of private industry. The <strong>Industrial Policy Resolution of 1956</strong> placed several industries under the public sector, while the private sector operated under a system of licences, controls and restrictions commonly described as the <strong>Licence Raj</strong>.</p>

<p>A major criticism of this framework was that extensive protection from domestic and international competition reduced the incentive for firms to <strong>improve productivity, adopt new technologies and innovate</strong>. Import restrictions and licensing requirements also limited competitive pressures and contributed to inefficiencies in several industries.</p>

<p>These concerns became important in the economic reforms initiated in <strong>1991</strong>, which introduced industrial delicensing, reduced import restrictions and encouraged greater competition and private-sector participation.</p>

<p>Thus, the protected and highly regulated industrial environment was criticised for contributing to <strong>inefficiency and inadequate innovation.</strong></p>
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The correct answer is option 2 i.e. Cre - GK Misc Questions are asked in SSC Stenographer English exams and your question has been explained by experts like Neetu Mam.

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