Question

Which of the following ideas did not form part of the early phase of
India’s development policy?
(a) Planning (c) Cooperative Farming
(b) Liberalisation (d) Self sufficiency

Answer 1

$<marquee>B$....

...

Answer 2

Answer:

The answer to this question is option (b), that is Liberalisation. Liberalisation did not form part of the early phase of  India’s development policy

Explanation:

Though planning, cooperative farming self sufficiency were ideas that were introduced in the early phase of India’s development policy, Liberalisation came much later in year 1991. Liberalisation meant more investment from domestic and economic investors for economic expansion based on an economy that advocated services and market forces. In the year 1991 Manmohan Singh initiated liberalization. This made the tariffs and exchange rates, and the numerous public monopolies ceased.