Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Which of the following is not an objective of India's development plan?

Options:

Initiate rapid economic growth to raise the standard of living, reduce unemployment and poverty

Become self-reliant and set up a strong industrial base with emphasis on heavy and basic industries

Adopt a socialist pattern of development — based on equality and prevent exploitation of man by man

Increase inequalities of income and wealth

Correct Answer:

Increase inequalities of income and wealth

Explanation:

The correct answer is option 4- Increase inequalities of income and wealth.

Increase inequalities of income and wealth is not an objective of India's development plan.


In order to solve economic problems of our country, the government took several steps including control by the State of certain industries , central planning and reduced importance of the private sector. The main objectives of India’s development plans were:
(a) Initiate rapid economic growth to raise the standard of living, reduce unemployment and poverty.
(b) Become self-reliant and set up a strong industrial base with emphasis on heavy and basic industries.
(c) Reduce inequalities of income and wealth.
(d) Adopt a socialist pattern of development — based on equality and prevent exploitation of man by man