Question : In the early Five-year Plans, what was the primary role of public sector enterprises in the Indian economy?
Option 1: To attract foreign investment
Option 2: To provide social welfare services
Option 3: To drive industrialization and economic growth
Option 4: To promote export-oriented industries
Correct Answer: To drive industrialization and economic growth
Solution : In the early Five-year Plans, the primary role of public sector enterprises in the Indian economy was to drive industrialization and economic growth by investing in key sectors like steel, power, and transportation.
Question : What was the primary objective of the annual plans implemented during the suspension of the Five-year Plans in India?
Question : What was the primary focus of public sector enterprises in the early Five-year Plans of India?
Question : What role did public sector enterprises play in India's planned development?.
Question : What impact did the expansion of the state sector have on private enterprises during the initial Five-year Plans?
Question : What was a key strategy adopted during the annual plans to address economic challenges in India?
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