The Policy of "Broad banding" introduced in 1985 allowed firms to:

CA Foundation · Business Economics · MTP · January 2026
The Policy of "Broad banding" introduced in 1985 allowed firms to:
(A) A. Issue unlimited shares in the capital market
(B) B. Import raw materials without any tariffs
(C) C. Change their product mix within existing capacity without fresh licensing
(D) D. Merge with any public sector unit

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Change their product mix within existing capacity without fresh licensing

Topics: Indian Economy

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