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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


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 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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