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Question
What is the meaning and importance of economic planning in the Indian context?
Options
Economic planning helps to achieve national goals in a continuous process of development.
It is a rational process to associate with the future needs and goals to evaluate alternate proposals also.
Both Economic plannings help to achieve national goals in a continuous process of development & it is a rational process to associate with the future needs and goals to evaluate alternate proposals also.
Neither Economic plannings help to achieve national goals in a continuous process of development nor it is a rational process to associate with the future needs and goals to evaluate alternate proposals also.
Solution
Both Economic plannings help to achieve national goals in a continuous process of development & it is a rational process to associate with the future needs and goals to evaluate alternate proposals also.
Explanation:
Economic planning in India refers to the government's methodical management of economic operations in order to reduce time and resource waste:
- Economic planning aids in the achievement of national goals as part of a continuous development process.
- It is also a reasonable procedure to connect with future demands and goals in order to evaluate alternative proposals.