Question : What was the impact of the expansion of the state sector on private sector development during the initial Five-year Plans?

Option 1: It fostered healthy competition.

Option 2: It provided support through subsidies.

Option 3: It led to a crowding out of private investment.

Option 4: It encouraged joint ventures with foreign companies.

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.

Question : What was a key strategy adopted during the annual plans to address economic challenges in India?

Option 1: Privatization of public sector enterprises

Option 2: Increased emphasis on export-led growth

Option 3: Focus on short-term fiscal consolidation

Option 4: Expansion of social welfare programs

Question : In the early Five-year Plans, what was the primary role of public sector enterprises in the Indian economy?

Option 1: To attract foreign investment

Option 2: To provide social welfare services

Option 3: To drive industrialization and economic growth

Option 4: To promote export-oriented industries

Question : What was a major challenge faced by public sector enterprises during the initial Five-year Plans?

Option 1: Lack of skilled labor

Option 2: Inefficient management

Option 3: Competition from foreign companies

Option 4: Insufficient government funding