GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following is the task of the Planning Commision?
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Prepration of the plan
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Implementation of the plan
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Financing of the plan
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None of these above
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Explanation:
Detailed explanation-1: -Preparation of the plan is the task of the Planning Commission. The Planning Commission is charged with the responsibility of making assessment of all resources in the country, augmenting deficient resources, formulating plans for the most effective and balanced utilisation of resources and determining priorities.
Detailed explanation-2: -The planning commission was to formulate policies that would guide economic development so that democracy can be achieved.
Detailed explanation-3: -The Planning Commission had to define how to achieve a balance between different states and regions, which industries must be initiated by the market and which industries should be initiated by the states.
There is 1 question to complete.