Indian Economy 1950-1990 NCERT Solutions for Class 11 Indian Economic Development
Indian Economy 1950-1990 NCERT Solutions for Class 11 Indian Economic Development NCERT TEXTUAL QUESTIONS WITH ANSWERS Question 1. Define a plan. Answer. Plan is a document showing detailed scheme, program and strategy worked out in advance for fulfilling an objective. Question 2. Why did India opt for planning? Answer. India achieved independence in 1947. The colonial government left India in a poor, backward and stagnant situation. From that time efforts have been made to solve people’s problems in a sovereign Indian republic through a system of federal parliamentary democracy. Political independence has no meaning without economic prosperity. Planning was undertaken to sustain political independence and generate economic prosperity. Question 3. Why should plans have goals? Answer. Plans should have goals or objectives which the country wants to achieve in a specific time period. Without goals, the planners would not know which sector of the economy should be developed on a priori...