Commanding Heights
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Question (English)
'Commanding heights of the economy' in the Second Plan meant:
- Private sector would lead
- Government would control vital industries ✓ Correct
- Foreign companies would control key sectors
- Agriculture would be priority
Explanation:
Correct Answer Explanation
Government would have complete control of industries vital for the economy. Private sector's policies would be complementary.
Key Points:
- Indian industrialists lacked capital for major investments.
- Market was not big enough for large projects.
- Government had to play an extensive role.
📚 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.
