Economics · Economy
Which of the following characterizes the principal factor behind the establishment of integrated steel plants like Bhilai, Durgapur, and Rourkela during the Second Five-Year Plan?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The utilization of entirely indigenous advanced technology and domestic self-sufficiency without external aid
- 2An explicit policy orientation towards fostering export-driven industries to augment foreign exchange reserves
- 3The execution of bilateral arrangements with foreign nations to secure technical know-how and financial support✓
- 4A surge in large-scale private sector investments facilitated by extensive government deregulation
Correct answer
The execution of bilateral arrangements with foreign nations to secure technical know-how and financial support
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