Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Politics in India Since Independence: Politics of Planned Development

Question:

Read the paragraph and answer the following question:

The Second FYP stressed on heavy industries. It was drafted by a team of economists and planners under the leadership of P.C. Mahalanobis. If the first plan had preached patience, the second wanted to bring about quick structural transformation by making changes simultaneously in all possible directions. Before this plan was finalised, the Congress party at its session held at Avadi near the then Madras city, passed an important resolution. It declared that the 'socialist pattern of society was its goal. This was reflected in the Second Plan. The government imposed substantial tariffs on imports in order to protect domestic industries. Such protected environment helped both the public and the private sector industries to grow. As savings and investment were growing in this period, a bulk of these industries like electricity, railways, steel, machinery and communication could be developed in the public sector. Indeed, such push for industrialisation marked a turning point in India's development.

The main goal adopted by the Congress Party for the development of the country was:

Options:

Mixed economy

Socialist

Capitalist

Communist

Correct Answer:

Socialist

Explanation:

The correct answer is Option 2- Socialist

As per the passage-
Before this plan was finalised, the Congress party at its session held at Avadi near the then Madras city, passed an important resolution. It declared that the 'socialist pattern of society was its goal.