Question : What impact did the expansion of the state sector have on private enterprises during the initial Five-year Plans?
Option 1: Encouraged private investment
Option 2: Led to privatization of industries
Option 3: Restricted the growth of private enterprises
Option 4: Promoted foreign collaborations
Answer (1)
9th Jan, 2024
Correct Answer: Restricted the growth of private enterprises
Solution : The expansion of the state sector during the initial Five-year Plans restricted the growth of private enterprises, as the focus was on strengthening public sector industries and reducing economic disparities.
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