Economics · Economy
With reference to the Second Five-Year Plan of India, consider the following statements: I. The plan was based on the Mahalanobis model, which prioritized rapid industrialization. II. The expansion of the consumer goods sector was its primary focus to ensure immediate supply. III. It aimed at increasing national income to raise the overall living standards. Which of the statements given above are correct?
- 1All I, II, and III
- 2Only I and III✓
- 3Only II and III
- 4Only I and II
Correct answer
Only I and III
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