GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The book “Planning Economy for India” was written by?
A
V.K.R.V. Rao
B
M.Visvesvaraya
C
K.N. Rai
D
Manmohan Singh
Explanation: 

Detailed explanation-1: -In 1934, Sir M. Visvesvaraya had published a book titled “Planned Economy in India”, in which he presented a constructive draft of the development of India in next ten years. His core idea was to lay out a plan to shift labor from agriculture to industries and double up National income in ten years.

Detailed explanation-2: -The author of ‘Planned Economy for India’ is M. Visveswaraiah. Mokshagundam Visvesvaraya, KCIE was an Indian engineer, scholar, statesman and the Diwan of Mysore from 1912 to 1918.

Detailed explanation-3: -The Correct Answer is M. Visvesvaraya. M. Visvesvarya an engineer and Politician authored the book “Planned Economy for India” in 1934.

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