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Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.

Here you can find the meaning of Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Answer the given question based on the following passage:In 1954, a Bombay economist named A.D. Shroff began a Forum of Free Enterprise, whose ideas on economic development were somewhat at odds with those then influentially articulated by the Planning Commission of the Government of India. Shroff complained against the 'indifference, if not discouragement' with which the state treated entrepreneurs.At the same time as Shroff, but independently of him, a journalist named Philip Spratt was writing a series of essays in favour of free enterprise. Spratt was a Cambridge communist who was sent by the party in 1920s to foment revolution in the subcontinent. Detected in the act, he spent many years in an Indian jail. The books he read in the prison, and his marriage to an Indian woman afterwards, inspired his steady move rightwards. By the 1950s, he was editing a pro-American weekly from Bangalore, called MysIndia. There he inveighed against the economic policies of the government of India. These, he said, treated the entrepreneur 'as a criminal who has dared to use his brains independently of the state to create wealth and give employment'. The state's chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in 'rigid control by the government over all activities'. The result, said Spratt, would be 'the smothering of free enterprise, a famine of consumer goods, and the tying down of millions of workers to soul-deadening techniques.'The voices of men like Spratt and Shroff were drowned in the chorus of popular support for a model of heavy industrialization funded and directed by the governments. The 1950s were certainly not propitious times for free marketers in India. But from time to time their ideas were revived. After the rupee was devalued in 1966, there were some moves towards freeing the trade regime, and hopes that the licensing system would also be liberalized. However, after Indira Gandhi split the Congress Party in 1969, her government took its 'left turn', nationalizing a fresh range of industries and returning to economic autarky.Q. Select the statement that best captures the central purpose of this passage.a)It highlights that even though there were advocates for free-market and private enterprise in the early years of independent India, they were crowded out by others who supported a dominant role for state over private enterprise.b)It explains the politics behind Indira Gandhi's decision to nationalize the banks.c)It demonstrates with the help of statistics how the preference of policy makers for Soviet-style economic policies prevented India's economic growth.d)It establishes that devaluation of rupee in 1966 was vindicated by subsequent experience.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CLAT tests.