Question : What was the immediate consequence of the suspension of Five-year Plans in India?
Option 1: Rapid industrial growth
Option 2: Increase in foreign investment
Option 3: Shift towards a market economy
Option 4: Stagnation in economic development
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Answer (1)
24th Jan, 2024
Correct Answer: Stagnation in economic development
Solution : The immediate consequence of the suspension of Five-year Plans in India was stagnation in economic development, as the planning process was integral to the country's development strategy.
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