Welfare Orientation Needed
At independence, rampant poverty and unemployment required:
- Continuation of colonial policies
- Welfare orientation of public economic policy — Correct Answer
- More de-industrialisation
- Increased raw material exports
Explanation:
Correct Answer Explanation
Rampant poverty and unemployment required welfare orientation of public economic policy.
Key Points:
- India chose the path of planned development.
- Established the Planning Commission and announced five year plans.
- Focus shifted to economic growth with social justice.
- This was a complete departure from exploitative colonial policies.
📚 About this Topic — CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE
This multiple choice question is from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE to strengthen your preparation.
