Question

Starting from the time of Independence India followed a planned economy because.
I. India followed a five-year plan and required an outlook
II. Indian constitution directive principles indicated the planned vision of India
III. The five-year plan does not indicate how much of each and every good and service is to be
produced.
Choose the correct statements using the option below.

a) Only 2
b) 2 and 3
c) 1 and 3
d) All the above

Answer 1

Answer:

correct statements are

(b) 2 and 3

Answer 2

• The Indian government has  introduced a five year plan to raise domestic savings for growth .
• This is to help economy resurrect itself from colonial rule.
• The primary objective is to bring economic growth and reduce inequality in the country.
• Starting from the time of independence India followed a panned economy  because  Indian constitution directive principles indicated the planned vision of India and  The five-year plan doesn't indicate how much of each ad every good and service is to be  produce.
• Hence,the option b) is correct
• #spj3