SSC MTS EXAM

Detailed explanation-1: -The main objective of economic planning in India is to achieve rapid economic growth while promoting social justice and reducing poverty.

Detailed explanation-2: -The objective of economic planning is maximum social welfare. Economic planning is often regarded as a mechanism for proper allocation of resources in an efficient manner. Economic planning helps to achieve consistency among different economic objectives.

Detailed explanation-3: -The correct answer is Employment generation. The social objectives of a business are: Employment generation: The social objective of a business is also to provide employment to society.

Detailed explanation-4: -It includes increase in national income or per-capita income, achieving full employment, social justice and equitable distribution, poverty alleviation, self-sufficiency and modernisation, etc. Achieving all these objectives would be termed as ‘Growth with Social Justice’.