Correct answer: (a) 1 and 2 only
Explanation
- A
1 and 2 only
(a) 1 and 2 only. From the Second Five-Year Plan there was a determined Mahalanobis thrust toward substituting imports of basic and capital-goods industries. The Fourth Plan took as an objective the correction of earlier concentration of wealth and economic power. Statement 3 is false: the Fifth Plan did not, for the first time, fold the financial sector in as an integral Plan block in the sense claimed. That pair is the official key.
- B
2 only
(b) 2 only. Statement 1 is also correct. Dropping the Second Plan industrialisation thrust is not the key.
- C
3 only
(c) 3 only. Statement 3 is the false limb. This option is not the key.
- D
1,2 and 3
(d) 1, 2 and 3. Statement 3 fails, so the all-correct code is wrong.
Summary. Official key is (a). Second Plan ISI and heavy industry, and Fourth Plan concern with concentration of economic power, are the true limbs. The Fifth Plan is remembered for Garibi Hatao and self-reliance, not as the first financial-sector Plan. Honour (a).
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