​Industrial Licensing is compulsory for five industries. Which of the following is NOT one of those five industries?​

Correct option is A

India's New Economic Policy of 1991 opened most sectors to private players and abolished industrial licensing for almost all industries except five. 

Cottage industries are generally small-scale industries that do not require industrial licenses. Cottage Industries is not one of the five industries that require compulsory industrial licensing:

• Industries that require compulsory industrial licensing:
• Alcoholic drinks
• Cigars and cigarettes
• Electronic aerospace and defense equipment
• Industrial explosives
• Hazardous chemicals
• Drugs and pharmaceuticals