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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Definitions:

Quantified Focus

The emphasis on measurable or quantifiable aspects of a subject, often employing statistics and data analysis to understand and assess phenomena.

Best Means

The most efficient and effective ways or methods to achieve a specific end or goal, often discussed in strategic and decision-making contexts.

Controlling Uncertainty

Efforts or strategies employed to manage or mitigate the unpredictability inherent in various aspects of life and decision-making processes.

Patrimonialism

A form of governance where all power flows directly from the leader, typically without a clear distinction between public and private realms.