Question : How did the expansion of the state sector during the Five-year Plans impact the Indian economy?
Option 1: It led to a decrease in public sector employment.
Option 2: It resulted in increased foreign investment.
Option 3: It contributed to the growth of the public sector and infrastructure development.
Option 4: It caused a significant decline in GDP growth.
Answer (1)
25th Jan, 2024
Correct Answer: It contributed to the growth of the public sector and infrastructure development.
Solution : The expansion of the state sector during the Five-year Plans contributed to the growth of the public sector and infrastructure development, which played a crucial role in the overall development of the Indian economy.
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