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What is the meaning and importance of economic planning in the Indian context? -

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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.   

MCQ

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:

  1. Economic planning aids in the achievement of national goals as part of a continuous development process.
  2. It is also a reasonable procedure to connect with future demands and goals in order to evaluate alternative proposals. 
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Introduction of Politics of Planned Development
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