Assertion (A): The mixed economy model in India aims to balance the roles of public and private sectors for optimal economic development.
Reason (R): The public sector is primarily driven by profit motives, which leads to increased efficiency and productivity.
Assertion (A): The Second Five Year Plan aimed to promote heavy industries and indigenous production to enhance national income.
Reason (R): The plan was designed to reduce imports and increase exports, which directly impacts the level of savings in the economy.
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Assertion (A): Political contestation in a democracy is essential for representing diverse interests and preferences of the populace.
Reason (R): Democratic systems eliminate disagreement among political actors to ensure uniformity in decision-making.
What year was the Planning Commission in India established and it was named as NITI Aayog on ?
Who was the chief planner of the First Five Year Plan?
Which of the statements given above is/are correct?
i. The first two five-year plans in India laid the foundations for future economic growth through the establishment of mega dams and heavy industries.
ii. The Green Revolution primarily benefited small-scale farmers, leading to widespread agricultural prosperity across all regions of India.
iii. The abolition of the Zamindari system was a significant land reform that aimed to consolidate land holdings in India.
iv. Operation Flood, also known as the White Revolution, was initiated to create a nationwide milk grid to enhance milk production.
Which of the statements given above is/are correct?
i. The Bombay Plan was a proposal for establishing a planned economy in India, drafted by industrialists in 1944.
ii. The Planning Commission was created immediately after India gained independence in 1947.
iii. The consensus among leaders was that development should be solely managed by private sectors.
iv. The Prime Minister of India serves as the chairperson of the Planning Commission.
Which of the statements given above is/are correct?
i. The agricultural sector was crucial for providing food grains and raw materials for the Indian economy.
ii. After independence, industries were in better condition compared to agriculture in India.
iii. Planners faced a dilemma in prioritizing either agriculture or industry due to their distinct importance.
iv. A greater focus on industrial development would have led to the backwardness of the agricultural sector.
Given below are two statements:
Statement I: Operation Flood was associated with the White Revolution in India.
Statement II: The Bombay Plan was a governmental initiative to promote public sector industries.
In the light of the above statements, choose the correct answer from the options given below:
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144 videos|606 docs|204 tests
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