Economics · Economic Planning in India
Which of the following most accurately characterizes the principal factor behind the establishment of integrated public sector steel complexes such as Bhilai, Durgapur, and Rourkela during the Second Five-Year Plan?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A surge in large-scale private sector investments facilitated by extensive government deregulation
- 2The execution of bilateral arrangements with both socialist and Western bloc nations to secure technical know-how and financial support✓
- 3An explicit policy orientation towards fostering export-driven consumer goods industries to augment foreign exchange
- 4The exclusive reliance on advanced domestic technological expertise without external international collaboration
Correct answer
The execution of bilateral arrangements with both socialist and Western bloc nations to secure technical know-how and financial support
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