(i) "The Industrial Policy Resolution (IPR), 1956 classified all the industries based on state ownership and control in various categories." Do you agree with the above statement ? Give valid reasons in support of your answer. (ii) The 'Atmanirbhar Bharat Initiative' carries forward the same spirit of self-reliance, which was adopted by the Government after 1947. In the light of the given statement, explain why self-reliance was considered as an important planning objective after independence. (i) "The Government of India may further divest its stake in Life Insurance Corporation (LIC) in the current financial year." In the light of economic reforms since 1991, identify the policy and define the step taken by the government. (ii) "India adopted an inward-looking trade strategy during the planning period." (I) State any two reasons behind the adoption of this policy. (II) Briefly describe any two ways in which the government implemented this policy.