Question : What was a key strategy adopted during the annual plans to address economic challenges in India?
Option 1: Privatization of public sector enterprises
Option 2: Increased emphasis on export-led growth
Option 3: Focus on short-term fiscal consolidation
Option 4: Expansion of social welfare programs
Correct Answer: Focus on short-term fiscal consolidation
Solution : A key strategy adopted during the annual plans to address economic challenges in India was a focus on short-term fiscal consolidation, aiming to stabilize the economy and lay the groundwork for future growth.
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Question : What is the primary objective of liberalization, privatization, and globalization in India?
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