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Read the following Assertion (A) and Reason (R) carefully and choose the correct option,

Assertion (A): The Mahalanobis strategy prioritized heavy industries and capital goods.

Reason (R): It was believed that investing in such industries would create long-term capacity for growth.

ABoth A and R are true and R is the correct explanation of A.

BBoth A and R are true but R is not the correct explanation of A.

CA is true but R is false.

DA is false but R is true.

Answer:

A. Both A and R are true and R is the correct explanation of A.

Read Explanation:

  • The Mahalanobis Strategy, adopted during India's Second Five-Year Plan (1956–1961), emphasized the development of heavy industries and capital goods industries such as steel, machinery, and engineering.

  • The strategy was based on the idea that a strong industrial base would enable the country to produce its own machines and equipment, reducing dependence on imports.


Related Questions:

2012-ൽ ആരംഭിച്ച് 2017 അവസാനിക്കുന്ന 12 -മത് പഞ്ചവത്സര പദ്ധതിയുടെ പ്രധാന ലക്ഷ്യം എന്ത് ?
എത്രാമത്തെ പഞ്ചവത്സര പദ്ധതിയിലാണ് സ്ത്രീ ശാക്തീകരണം മുഖ്യ ഇനമാക്കിയത് ?

The strategy of industrialization of the second five year plan had the following element/s :


(i) Increase the rate of investment as the development depends upon the rate of
investment.
(ii) Rapid expansion of productive power by increasing the proportion of investment in
heavy and capital goods sectors.
(iii) Providing more conducive atmosphere to the private sector.
(iv) Increasing the scope and importance of public sector.

Which Five-Year Plan is also known as the 'Mahalanobis Plan'?
'ദാരിദ്ര്യ നിർമ്മാർജ്ജനം', 'ജോലിക്ക് കൂലി ഭക്ഷണം', 'നീതി' എന്നിവ മുഖ്യ ലക്ഷ്യങ്ങളാക്കിയ പഞ്ചവത്സര പദ്ധതി