Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

What do you understand by a "Plan"?

Options:

Which focuses on how resources of a nation should be put to use.

Which states some general and specific objectives to be achieved.

Enlists the strategies for the achievements of objectives held for the development of nation.

All of the above.

Correct Answer:

All of the above.

Explanation:

A plan is a document which shows detailed scheme, strategies, and solutions to be achieved for the development of the society. It solves the problem of allocation of scarce resources to the best use.