Question

5. Explain the planning process of India.
6. How are developed countries different from developing countries?
Self-​

Answer 1

Answer 5.)

⚘Implementation of plan :

In most of the planned economies, the central planning commission is merely an advisory body and the execution of the plan is entrusted to the central administration in which involves the various agenesis and departments of the government.

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Answer 6.)

Developed countries referred to the sovereign nation/state whose economy has highly progressed and possess great technological as compared to the other nations. The companies with low industrialisation and low human development index is termed as developing countries.

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