SSC Steno Grade C and D 6 Aug 2025 Shift 3 Paper

Section: General Awareness

Question : 72 of 200

Marks: +1, -0

The regulatory framework adopted by India between 1947 and 1990, often referred to as the "License Raj," aimed to direct economic activity. While it had certain intended benefits, what was a significant unintended negative consequence often associated with this system?

The creation of barriers to entry for new businesses potentially stifling innovation and leading to inefficiencies.
A significant reduction in corruption and bureaucratic delays in obtaining necessary approvals for economic activities.
A rapid increase in the quality and global competitiveness of Indian-made goods due to stringent quality control measures.
The fostering of a highly competitive market environment with numerous players in each industry.

Validate

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