UPSC Exam > UPSC Questions > Consider the following statements and identif...
Start Learning for Free
Consider the following statements and identify the right ones.
i. Unbalanced growth strategy is also known as Mahalanobis strategy
ii. This strategy was adopted in India after the 7th five year plans.
i. Unbalanced growth strategy is also known as Mahalanobis strategy
ii. This strategy was adopted in India after the 7th five year plans.
- a)I only
- b)ii only
- c)both
- d)none
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements and identify the right ones.i. Unbal...
India adopted this growth strategy after independence itself. The second five year plan emphasized on the development of heavy industries.
Most Upvoted Answer
Consider the following statements and identify the right ones.i. Unbal...
The correct answer is option 'A' - i) only.
Explanation:
Unbalanced growth strategy, also known as Mahalanobis strategy, refers to an economic development strategy that focuses on promoting rapid industrialization in certain sectors or regions while neglecting or underdeveloping other sectors or regions. This strategy was named after the Indian economist Prasanta Chandra Mahalanobis, who played a key role in its formulation.
The Mahalanobis strategy was adopted in India after the 2nd Five Year Plan (1956-1961) and not specifically after the 7th Five Year Plan. The 2nd Five Year Plan laid the foundation for an industrialization-led growth model, with the aim of reducing the country's dependence on agriculture and promoting the development of heavy industries. This strategy involved a high level of public investment in industries, with a focus on key sectors such as steel, coal, power, and heavy machinery.
The Mahalanobis strategy was based on the belief that rapid industrialization would create a strong industrial base, generate employment opportunities, and promote overall economic growth. However, this strategy also resulted in a significant regional imbalance, with industrial development concentrated in certain regions and neglect of agriculture and rural development.
The unbalanced growth strategy faced criticism for its neglect of the agricultural sector, which was the main source of livelihood for a majority of the population at that time. It also led to income disparities and regional imbalances, as regions with industrial development experienced rapid growth while other regions lagged behind.
In conclusion, the statement i) "Unbalanced growth strategy is also known as Mahalanobis strategy" is correct, while statement ii) "This strategy was adopted in India after the 7th Five Year Plans" is incorrect. The Mahalanobis strategy was adopted in India after the 2nd Five Year Plan.
Explanation:
Unbalanced growth strategy, also known as Mahalanobis strategy, refers to an economic development strategy that focuses on promoting rapid industrialization in certain sectors or regions while neglecting or underdeveloping other sectors or regions. This strategy was named after the Indian economist Prasanta Chandra Mahalanobis, who played a key role in its formulation.
The Mahalanobis strategy was adopted in India after the 2nd Five Year Plan (1956-1961) and not specifically after the 7th Five Year Plan. The 2nd Five Year Plan laid the foundation for an industrialization-led growth model, with the aim of reducing the country's dependence on agriculture and promoting the development of heavy industries. This strategy involved a high level of public investment in industries, with a focus on key sectors such as steel, coal, power, and heavy machinery.
The Mahalanobis strategy was based on the belief that rapid industrialization would create a strong industrial base, generate employment opportunities, and promote overall economic growth. However, this strategy also resulted in a significant regional imbalance, with industrial development concentrated in certain regions and neglect of agriculture and rural development.
The unbalanced growth strategy faced criticism for its neglect of the agricultural sector, which was the main source of livelihood for a majority of the population at that time. It also led to income disparities and regional imbalances, as regions with industrial development experienced rapid growth while other regions lagged behind.
In conclusion, the statement i) "Unbalanced growth strategy is also known as Mahalanobis strategy" is correct, while statement ii) "This strategy was adopted in India after the 7th Five Year Plans" is incorrect. The Mahalanobis strategy was adopted in India after the 2nd Five Year Plan.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer?
Question Description
Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer?.
Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements and identify the right ones.i. Unbalanced growth strategy is also known as Mahalanobis strategyii. This strategy was adopted in India after the 7th five year plans.a)I onlyb)ii onlyc)bothd)noneCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup