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Question : In the context of modern Indian history, the expression Bombay Plan (1944) was a proposal on:

Option 1: economic development

Option 2: Panchayati Raj

Option 3: transfer of power

Option 4: administrative reorganisation


Team Careers360 22nd Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: economic development


Solution : The correct answer is economic development.

The "Bombay Plan" was a unique economic plan created by a group of business leaders and experts in January 1944 for India. At first, it was just shared privately among a few people. However, due to the growing interest in it, the plan was later published as a pamphlet. Influential industrialists like J. R. D. Tata and G. D. Birla, along with some economists, worked on this plan. The Bombay Plan suggested that the government should play a significant role in managing the economy and proposed the establishment of a central planning authority.

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