Economics · Economic Planning in India
Read the following statements carefully: I. The First Five Year Plan sought to get the country's economy out of the cycle of poverty. II. For this, a rapid industrialization formula was aggressively adopted in the First Plan. Which of the statement(s) given above is/are correct?
- 1Both I and II are incorrect
- 2Both I and II are correct
- 3Only II is correct
- 4Only I is correct✓
Correct answer
Only I is correct
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