31. Which of the following is an objective of industrial policies?
a) Employment generation
b) Technological advancement
c) Promotion of exports
d) All of the above
32. Protectionist industrial policies involve:
a) Promoting free trade
b) Encouraging import substitution
c) Liberalizing industries
d) None of the above
33. Which type of industrial policy aims to attract foreign direct investment (FDI)?
a) Export-oriented industrial policy
b) Import substitution industrial policy
c) Liberalization and deregulation policy
d) Industrial promotion policy
34. Industrial policies may include measures such as:
a) Tax incentives
b) Subsidies
c) Trade restrictions
d) All of the above
35. Which of the following industries is typically regulated by government policies?
a) Oil and gas industry
b) Textile industry
c) IT industry
d) Construction industry
