Economics · Economic Planning
What was one of the critical challenges faced during the Second Five-Year Plan (1956-61) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Sharp deflation across agrarian markets
- 2Slowdown in heavy industrial investment
- 3Acute shortage of foreign exchange✓
- 4Excessive foreign exchange reserves
Correct answer
Acute shortage of foreign exchange
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