Question : What was the impact of the expansion of the state sector on private sector development during the initial Five-year Plans?
Option 1: It fostered healthy competition.
Option 2: It provided support through subsidies.
Option 3: It led to a crowding out of private investment.
Option 4: It encouraged joint ventures with foreign companies.
Correct Answer: It led to a crowding out of private investment.
Solution : The expansion of the state sector during the initial Five-year Plans led to a crowding out of private investment, as the focus on public sector development limited the resources and opportunities available for private sector growth.
Question : What was a major challenge faced by public sector enterprises during the initial Five-year Plans?
Question : What is a key aspect of the India-China relationship in the context of global trade?
Question : A consequence of economic liberalization in India was:
Question : What impact has liberalization had on industrial location?
Question : Which of the following about the impact of economic reforms of the businesses is incorrect?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile