Economic Development & Planning Practice Questions - NDA General Knowledge Question Bank

Question 1 of 1 NDA MCQ

The principal component(s) of Nehru- Mahalonobis strategy of economic development was/were

(1) Restructuring economic dependency on metropolitan capitalism into independent economic development.

(2) T ransition from semi-feudal agriculture to capitalist farming.

Select the correct answer using the code given below :

Detailed Explanation

Correct Answer

✓ Option D is correct. Neither statement accurately reflects the Nehru-Mahalanobis strategy.

📖 Core Anchor Concept

The Nehru-Mahalanobis strategy emphasizes industrialization and planned economic development, significantly focusing on the development of heavy industries rather than restructuring agricultural systems or reducing dependency on capitalism.

📜 Detailed Breakdown & Chronology

Key elements of the strategy include:

Prioritization of large-scale industries over agricultural transformations.
Emphasis on self-reliance and central planning through institutions.
Codependent relationship with the state to regulate economic growth.

🔍 Option Analysis

Each option misrepresents core principles:

Option 1: Incorrectly implies a shift from dependency is a principal aim.
Option 2: Incorrectly suggests a transition to capitalist farming was prioritized.

⚡ Chronology Trick / Polity Mnemonic

Remember: "Nehru's focus = Heavy Industry & Planning, Not Agriculture" can help distinguish his core ideas.

📖 Factual Verification & Reference

📖 Factual Verification & Reference:

Verified against NCERT Class XII Economics, Chapter 5 (Industrial Policy).

Economic Development & Planning