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NDA 1 2024 GAT, question 61

Topic: Economy

Q61

Which one of the following statements regarding the objectives of the Second Five-Year Plan is not correct ?

  1. (a) Development of the basic and heavy industry sector
  2. (b) Increase in national income to raise living standards
  3. (c) Expansion of the consumer goods sectorCorrect answer
  4. (d) Expansion of employment opportunities

Solution.

Answer: (c) Expansion of the consumer goods sector

  1. The Second Five-Year Plan prioritised rapid industrialisation, especially basic and heavy industry, higher national income and employment expansion.
  2. Expansion of consumer goods was not one of its stated principal objectives in the same sense.
  3. Hence (c) is the exception; this does not mean consumer industries were absent.