Economics · Economic Planning
Consider the following statements regarding 'indicative planning': (i) Dominance of imperative/command policies in planning (ii) Inclusion of incentive-based and coordinating policies (iii) Suitable for planned development of mixed economies (iv) Introduced in India along with the Eighth Five-Year Plan post-1991 economic reforms Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(i), (ii), (iii) and (iv)
- 2(i), (ii) and (iv)
- 3(ii), (iii) and (iv)✓
- 4(i), (ii) and (iii)
Correct answer
(ii), (iii) and (iv)
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