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Policy of ‘Import Substitution’ was targeted to protect ______ industries. - Economics

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Question

Policy of ‘Import Substitution’ was targeted to protect ______ industries.

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Solution

Policy of ‘Import Substitution’ was targeted to protect domestic industries.

Explanation:

The policy of Import Substitution aimed to protect domestic (home) industries by reducing imports and encouraging the production of goods within the country.

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2019-2020 (March) Delhi Set 1
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