Question : 'A Plan of Economic Development for India', which was prepared by a cross-section of India's leading capitalists in 1944, was popularly known as the____________Plan.
Option 1: Mysore
Option 2: Calcutta
Option 3: Allahabad
Option 4: Bombay
Correct Answer: Bombay
Solution : The correct option is Bombay.
The 'Plan of Economic Development for India' prepared by leading capitalists in 1944 was popularly known as the Bombay Plan . Crafted by influential industrialists like J. R. D. Tata and G. D. Birla proposed a mixed economy with a significant role for the state, aiming at balanced economic development and social justice.
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