Which of the following led to reservation of industrial activities for private and public sectors for the first time in India?

Correct option is B

Tha Correct ans is(b)Industrial Policy Resolution,1956
The Industrial Policy Resolution of 1956 was the one that formally reserved certain industries for the public sector and laid down the framework for the development of the Indian economy. It classified industries into three categories:
· Public sector (where only the government could invest and operate),
· Private sector (where the private sector could operate),
· Mixed sector (where both private and public sectors could operate).
The 1956 resolution was a critical document that aimed to promote industrialization and emphasized the role of the public sector in key industries, marking the beginning of large-scale state intervention in the industrial sector.
Information booster:
· The Industrial Policy Resolution, 1948: This was the first industrial policy after independence,  It simply laid the foundation for industrial development.
· The Statement of Industrial Policy, 1945: This policy was during British rule and was intended for industrial development.
· Industries Development and Regulation Act, 1951: This Act provided the legal framework for regulating industries.