मराठी

______ was the objective of Import Substitution policy in India. - Economics

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प्रश्न

______ was the objective of Import Substitution policy in India.

पर्याय

  • Production of high quality products

  • Protection of domestic industries from foreign competition

  • Promote imports

  • Promote privatisation

MCQ
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उत्तर

Protection of domestic industries from foreign competition was the objective of Import Substitution policy in India.

Explanation:

The government's goal of import substitution is to reduce imports while also supporting domestic industries.

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