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Question : The 'Bombay Plan' was a set of proposals for India's economic development presented by:

Option 1: Businessmen and industrialists

Option 2: Politicians and bureaucrats

Option 3: Social reformers and activists

Option 4: Farmers and labor unions


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

Correct Answer: Businessmen and industrialists


Solution : The correct answer is (a) businessmen and industrialists. 

It was put forth by a group of leading industrialists and economists from Bombay (now Mumbai) in 1944. The plan aimed to outline a comprehensive strategy for industrialization, infrastructure development, and economic growth in post-independence India. The key proponents of the Bombay Plan included prominent industrialists such as J.R.D. Tata, G.D. Birla, and A.D. Shroff, who sought to shape India's economic policies and promote industrialization in the country.

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