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Question : How did the expansion of the state sector during the Five-year Plans impact the Indian economy?

 

Option 1: It led to a decrease in public sector employment.

Option 2: It resulted in increased foreign investment.

Option 3: It contributed to the growth of the public sector and infrastructure development.

Option 4: It caused a significant decline in GDP growth.


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: It contributed to the growth of the public sector and infrastructure development.


Solution : The expansion of the state sector during the Five-year Plans contributed to the growth of the public sector and infrastructure development, which played a crucial role in the overall development of the Indian economy.

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