The industrial policy adopted in the first seen Five year plans is called _____________ Substitution.
Export substitution.
Import substitution
Marginal rate of substitution
Factor substitution
Which of the following is the aim of public sector?
Profit
Welfare
Investment
Income
Which one refers to increase in the country capacity to produce the output of goods and services within the country.
Growth
Land reforms
Development
Technology
The planning commission was set up with the _________ as its chairperson.
President
Governor
Prime Minister
Chief minister
_________ are a tax on imported goods.
Tariffs
Quotas
Subsidies
Grant
Equity in agriculture called for _________ which primarily refer to change in the ownership of landholdings.
Trade policy
Self reliance
Subsidy
The small scale industries Committee are also known as _________ committee.
Karve
Narasimham
Planning
Sachar
The long term plan made by the planning commission is called
Perspective plan
Financial plan
Local plan
Prospective plan
Mahalanobis model laid great stress on the development of
1:
Agriculture
2:
Energy
3:
Heavy industries
4:
Science and technology
In the language of economics, a good indicator of economic growth is steady increase in the
Population
Gross Domestic product
Wealth of individuals
Percapita income