Match List I with List II

Choose the correct answer from the options given below:

A-III, B-II, C-I, D-IV

The correct answer is option (1) : A-III, B-II, C-I, D-IV

A. Feature of Industrial Development(1950-90) III. Mahalanobis Model. The Mahalanobis Model was an economic development model adopted by India during the period of 1950-90. It emphasized the importance of the public sector and heavy industries in promoting industrial development.

B. Problem of Industrial Development (1950-90) - II. Licensing System. The licensing system was a major problem during this period. It involved a complex system of government permits and regulations for setting up and operating industries, which often led to inefficiency and corruption.

C. Capital Intensive Techniques- I. Large Scale Industries:- Large scale industries typically require a significant amount of capital for machinery, infrastructure, and technology. They were a feature of industrial development during this period.

D. Labour Intensive Techniques - IV. Small Scale Industries: Small scale industries, being less capital-intensive, relied more on labor-intensive techniques. They were encouraged as a means of creating employment opportunities and promoting balanced industrial growth.