Which facility was provided to industry groups to allow flexibility and rapid changes in their product mix without requiring a fresh license?

CA Foundation · Business Economics · PYQS · September 2025
Which facility was provided to industry groups to allow flexibility and rapid changes in their product mix without requiring a fresh license?
(A) A. Open General License (OGL)
(B) B. Broad-Banding
(C) C. Special Economic Zones (SEZs)
(D) D. Export Promotion Policy

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Broad-Banding

Topics: Indian Economy

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