Under the License Raj System in India

question 27

Multiple Choice

Under the License Raj system in India:

• A)the producers having the licence could produce as much as they wanted.
• B)the producers were allowed to manufacture goods only for the government.
• C)only the producers having the licence were allowed to import inputs from abroad.
• D)producing beyond the specified limit was a punishable offence.
• E)the producers could only produce to meet their subsistence needs.

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