Which of the following pairs is correctly matched?

Answer & explanation

Correct answer: option 4

The correct answer is Option (4) → Karve Committee – small-scale industries for rural development

In 1955, the Karve Committee (the Village and Small-Scale Industries Committee) saw that small-scale industries could be used to promote rural development.

Option (1) Tariff – fixes the quantity of goods that can be imported — Incorrect. A tariff is a tax on imports. Fixing the quantity is a quota.

Option (2) Quota – a tax on imported goods — Incorrect. A quota fixes the quantity of imports. The tax is a tariff.

Option (3) Perspective plan – a plan for a period of five years — Incorrect. A perspective plan covers twenty years. The five year plans were to provide its basis.

Option (4) Karve Committee – small-scale industries for rural development — Correct. This pair is correctly matched.

NCERT (2026-27): “2.4 Industry and Trade … Small-Scale Industry: In 1955, the Village and Small-Scale Industries Committee, also called the Karve Committee, noted the possibility of using small-scale industries for promoting rural development. …”

“… Protection from imports took two forms: tariffs and quotas. Tariffs are a tax on imported goods; they make imported goods more expensive and discourage their use. Quotas specify the quantity of goods which can be imported. …”

“A plan spells out how the resources of a nation should be put to use. It should have some general goals as well as specific objectives which are to be achieved within a specified period of time; in India plans were of five years duration and were called five year plans (we borrowed this from the former Soviet Union, the pioneer in national planning). Our plan documents upto the year 2017 not only specify the objectives to be attained in the five years of a plan but also what is to be achieved over a period of twenty years. This long-term plan is called ‘perspective plan‘. The five year plans were supposed to provide the basis for the perspective plan. …”