Question : 'A Plan of Economic Development for India' is also known as _____.
Option 1: Delhi Plan
Option 2: Gujarat Plan
Option 3: Surat Plan
Option 4: Bombay Plan
Correct Answer: Bombay Plan
Solution : The correct option is the Bombay Plan .
The Bombay Plan is another name for "A Plan of Economic Development for India". It was presented in January 1944 by a group of Indian Entrepreneurs and technocrats for India's post-independence 15-year economic growth. The Bombay Plan was a revolutionary blueprint for its time, calling for large investments in industrialisation and infrastructural development. It also pushed for a mixed economy in which both the public and private sectors played a significant role.
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