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Statement-I: The industrial policy of the Government of India is aimed at increasing the tempo of industrial development.
Statement-II: After the New Industrial Policy - 1991, the Balance of Trade for India has always been positive.

Statement-I: The industrial policy of the Government of India is aimed at increasing the tempo of industrial development.
Statement-II: After the New Industrial Policy - 1991, the Balance of Trade for India has always been positive. Correct Answer Statement (I) is correct, but (II) is incorrect

Related Questions

The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong' arguments and which is/are ‘weak' arguments and accordingly choose your answer from the alternatives given below each question. Statement: The United States has launched what China calls the ‘largest trade war in economic history' and in its latest move targeted another $200 billion in Chinese export goods. The US-China spat is one of several trade fights picked by the protectionist President Donald Trump as his ‘America First' agenda disrupts trade relations among traditional allies. The growing share of international trade under threat has raised the prospect the escalating trade war could harm the global economy, shrinking investments and undermining supply chains. Why? Arguments: I. Several companies - including Total and Peugeot of France, and Russia's Lukoil - have said they are preparing to exit Iran ahead of US deadlines, the last of which is November 4. II. Trump argued the original deal from 2012 was lopsided in Seoul's favour but has also clouded the issue by appearing to link trade concessions to progress in his separate track of talks with nuclear-armed North Korea. III. Meanwhile, talks among the three NAFTA (North American Free Trade Agreement) signatories, launched after Trump demanded an overhaul of the ‘terrible deal', have snagged notably owing to the US demands to increase American content installed in duty-free autos. 
Consider the following statements: a. The Government of India announced a National Agriculture Policy on July 28, 2000. b. The Government of India announced a New Industrial Policy on July 24, 1991. c. The Government of India announced the New Computer Policy in 1984. Which of the statement/s given above is/are incorrect?
Consider the following for the dissolution of trade unions under the Trade Union Act, 1926. Which of the following statement(s) is/are correct?
1. When a registered Trade Union is dissolved, notice of the dissolution is signed by nine members and by the Secretary of the Trade Union.
2. The notice of dissolution must be sent within ten days to the Registrar.
3. Where the dissolution of a registered Trade Union has been registered and the rules of the Trade Union donot provide forthe distribution of funds of the Trade Union on dissolution, the registrar shall divide the funds amongst the members in such manner as may be prescribed.
Which of the following statements relating to the trade unions under the Trade Unions Act, 1926 are not true?
1. Every registered trade union has to submit a half yearly return to the Registrar of Trade Unions.
2. Any person who has attained the age of eighteen can become an office bearer of the trade union.
3. Retired or retrenched employees of an organisation holding an office in a trade union shall not be construed as an outsider.
4. The number of outsiders working as office bearers in registered trade union functioning other than in an unorganised section shall be limited to eight.
Statement: A video by Chinese police giving advice on how to deal with a knife attack has gone viral. While suggesting what to do in the event of an attack, an officer responds by running away and screaming, "Help! Police officer!". Which of the following objection(s) may not be a probable reason(s) for the above-taken step by the Chinese police? I. It reportedly was aimed at telling citizens they should not seek the help of authorities when confronted by an attacker. II. It reportedly was aimed at telling citizens they should seek the help of authorities when confronted by an attacker. III. It reportedly was aimed at telling citizens they should divert the attacker by screaming and then attack the attacker. IV. It reportedly was aimed at telling citizens they should seek the help of police to nab the attacker and then attack him with the help of police authorities.
Stock of stationery on 1st January 1991- Rs. 300, creditors for stationery on 31st December 1991- Rs. 130, payment for stationery during 1991- Rs. 1,080, stock of stationary on 31st December 1991- Rs. 50. What amount on account of stationery will be posted to income and expenditure A/c:
Given below are six sentences of a  passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four-sentence in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences. S1: In a globalised world, no country can hope to impose tariffs without affecting its own economic interests. S6: The ongoing trade war also threatens the rules-based global trade order which has manages to amicably handle trade disputes between countries for decades. P: So both the U.S. and China, which have blamed each other for the ongoing trade war, are doing no good to their own economic fortunes by engaging in tit-for-tat tariff battle. Q: Apart from disadvantaging its consumers, who will have to pay higher prices for certain goods, tariffs will also disrupt the supply chain of producers who rely on foreign imports. R: China, which is fighting an economic showdown, will be equally affected. S: The minutes of the U.S. Federal Reserve June policy meeting show that economic uncertainty due to the trade war is already affecting private investment in the U.S., with many investors deciding to scale back or delay their investment plans.
Each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and markyour response accordingly on the Answer Sheet.
S1 :In a globalized world, no country can hope to impose tariffs without affecting its own economic interests.
S6 :The ongoing trade war also threatens the rules-based global trade order which has managed to amicably handle trade disputes between countries for decades.
P :So both the U.S. and China, which have blamed each other for the ongoing trade war, are doing no good to their own economic fortunes by engaging in this tit-for-tat tariff battle.
Q : Apart from disadvantaging its consumers, who will have to pay higher prices for certain goods, tariffs will also disrupt the supply chain of producers who rely on foreign imports.
R : China, which is fighting an economic slowdown, will be equally affected.
S :The minutes of the U.S. Federal Reserve June policy meeting show that economic uncertainty due to the trade war is already affecting private investment in the U.S., with many investors deciding to scale back or delay their investment plans
The correct sequence should be
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