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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


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

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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