Equity Goal Meaning
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Question (English)
The goal of 'Equity' in five year plans means:
- Equal property distribution
- Benefits of prosperity reaching the poor; reducing inequality ✓ Correct
- All citizens earning the same income
- Government owning all means of production
Explanation:
Correct Answer Explanation
Equity means ensuring benefits of economic prosperity reach the poor sections. Every Indian should meet basic needs — food, house, education, health care.
Key Points:
- Growth, modernisation, and self-reliance alone may not improve lives.
- A country can have high growth but most people in poverty.
- Requires reducing inequality in wealth distribution.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.
