WBCS.LIVE practice question

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?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Poor savings capacity of the public
  2. To avoid generation of private profit
  3. Absence of large enough market for output
  4. Lack of adequate capital with private industrialists

Correct answer and explanation

Correct answer: To avoid generation of private profit