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As a Result of the New Industrial Policy, 1991

Question 18

Multiple Choice

As a result of the New Industrial Policy, 1991:


A) Prior approval of central government is required for establishing new undertakings, and expanding the present undertaking.
B) An industry intending to have more than 100 crores of assets is required to obtain the permission of the central government.
C) Prior approval of central government for establishing new undertakings and expanding existing undertaking is not requir

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