Match the following options in List 1 correctly with those in List 2:
|
List 1 |
List 2 |
|
(a) Indian Statistical Institute |
(i) Proposed by big industrialists |
|
(b) The Bombay Plan |
(ii) Prime Minister |
|
(c) Planning Commission's chairman |
(iii) P.C. Mahalanobis |
Answer & explanation
Correct answer: option 2
P.C. Mahalanobis (1893-1972): Scientist and statistician of international repute; founder of Indian Statistical Institute (1931); architect of the Second Plan; supporter of rapid industrialization and active role of the public sector.
A section of the big industrialists got together in 1944 and drafted a joint proposal for setting up a planned economy in the country. It was called the Bombay Plan. The Bombay Plan wanted the state to take major initiatives in industrial and other economic investments.
Soon after India became independent, the Planning Commission came into being. The Prime Minister was its Chairperson.