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UPSC Prelims 1999Question 39Economy

The planning process in the industrial sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period. Which one of the following is true in this regard ?

Options

  1. (a)With the advent of liberalisation, industrial investments/development have largely been placed within the domain of private and multinational sectors
  2. (b)With markets assuming a central place, the role of central planning in many sectors has been rendered redundant
  3. (c)The focus of planning has shifted to sectors like human resource development, infrastructure, population control and welfare
  4. (d)The nation’s priorities have shifted away from industrial development to rural development

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