Assertion (A): The Second Five Year Plan aimed to promote heavy indust...
- Assertion Evaluation: The assertion is correct; the Second Five Year Plan indeed focused on promoting heavy industries and indigenous production as key strategies for enhancing national income.
- Reason Evaluation: The reason is also correct; the plan aimed to reduce imports and boost exports, which would ideally lead to increased savings and investment in the economy.
- Explanation Relationship: The reason provided directly supports the assertion, as reducing imports and increasing exports are fundamental aspects of enhancing national income, thereby justifying the strategies outlined in the Second Five Year Plan.
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Assertion (A): The Second Five Year Plan aimed to promote heavy indust...
Understanding the Assertion and Reason
The assertion (A) states that the Second Five Year Plan focused on promoting heavy industries and indigenous production to boost national income. This plan, implemented in India from 1956 to 1961, was indeed aimed at industrialization, particularly in sectors like steel, machinery, and power generation.
Details of the Assertion
- The Second Five Year Plan prioritized heavy industries to create a self-sustaining economy.
- It aimed to reduce dependency on foreign goods by enhancing local production capabilities.
- The ultimate goal was to elevate the national income by fostering growth in the industrial sector.
Evaluating the Reason
The reason (R) claims that the plan was designed to decrease imports and increase exports, which would positively influence savings levels in the economy.
- The emphasis on reducing imports is accurate, as the plan sought to promote self-reliance.
- Increasing exports is also a logical outcome of enhancing indigenous production.
- The link between these actions and the direct impact on savings is valid, as a stronger economy can lead to higher savings rates.
Conclusion: Why Option A is Correct
- Both the assertion and reason are true statements about the Second Five Year Plan.
- The reason provides a correct explanation for the assertion, as the plan's focus on heavy industry directly relates to reducing imports and enhancing exports.
Thus, the correct answer is option 'A': both Assertion and Reason are true, and Reason is the correct explanation of Assertion.