Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:
Identify the goal of planning which is related to avoiding imports of those goods which could be produced in India itself.
Options:
Growth
Modernisation
Self -reliance
Equity
Correct Answer:
Self -reliance
Explanation:
Self-reliance: A nation can promote economic growth and modernisation by using its own resources or by using resources imported from other nations. The first seven five year plans gave importance to self-reliance which means avoiding imports of those goods which could be produced in India itself. This policy was considered a necessity in order to reduce our dependence on foreign countries, especially for food.