Podcast
Questions and Answers
What was the main objective of India choosing the closed economy model post-independence?
What was the main objective of India choosing the closed economy model post-independence?
- To achieve industrial self-sufficiency (correct)
- To promote agricultural exports
- To encourage foreign investments
- To increase dependence on imports
During which period did India witness rapid industrial growth according to the text?
During which period did India witness rapid industrial growth according to the text?
- Seventh and Eighth Plan period
- Fourth and Fifth Plan period
- First Five Year Plan period
- Second and Third Plan period (correct)
What was one of the main reasons for high rates of industrial growth during the Second Plan period?
What was one of the main reasons for high rates of industrial growth during the Second Plan period?
- Emphasis on industrialisation in economic policies (correct)
- Focus on agricultural development
- Reduction in industrial investment
- Increase in services sector investment
What role did domestic savings play in supporting the pace of economic expansion during the post-independence era?
What role did domestic savings play in supporting the pace of economic expansion during the post-independence era?
Which economic policy made industrial growth the main objective during the Second and Third Plan period?
Which economic policy made industrial growth the main objective during the Second and Third Plan period?
What major factor contributed to capacity creation in the industrial sector during the Second Plan period?
What major factor contributed to capacity creation in the industrial sector during the Second Plan period?
What was the main objective of India choosing the closed economy model post-independence?
What was the main objective of India choosing the closed economy model post-independence?
During which period did India witness rapid industrial growth according to the text?
During which period did India witness rapid industrial growth according to the text?
What did the Second Plan introduce in India?
What did the Second Plan introduce in India?
Which factor contributed significantly to the high rates of industrial growth during the Second and Third Five Year Plans?
Which factor contributed significantly to the high rates of industrial growth during the Second and Third Five Year Plans?
What supported the pace of economic expansion during the post-independence era?
What supported the pace of economic expansion during the post-independence era?
What was a key reason for high rates of industrial growth during the Second and Third Five Year Plans?
What was a key reason for high rates of industrial growth during the Second and Third Five Year Plans?
