First Five Year Plan Quote
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Question (English)
The central objective of Planning in India was to initiate a process of development which will:
- Maximise government revenue
- Raise living standards and open new opportunities for a richer and more varied life ✓ Correct
- Compete with Western nations
- Nationalise all industries
Explanation:
Correct Answer Explanation
The central objective was to raise the living standards and open out to the people new opportunities for a richer and more varied life.
Key Points:
- This was stated in the First Five Year Plan.
- Planning focused on welfare of all rather than a few.
📚 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.
