Question

Assertion (A): The industrial sector contributed a mere 16% to the total national income during independence. By 2017, it had increased to 23%.

Reason (R): India also started importing many of the products.

• A. Both A and R are incorrect.
• B. A is correct, but R is incorrect.
• C. Both A and R are correct.
• D. Both A and R are correct, and R is the correct explanation of A.

Answer 1

The correct option is B A is correct, but R is incorrect.

During the first Five-Year Plan between 1951 and 1956, only 16% of the total national income was due to the industrial sector. However, by 2017, the industrial sector contributed 23% to the national economy.

The growth in industrialisation can be attributed to the following reasons:

1. Increase in exports and foreign collaborations
2. Development of necessary infrastructure
3. Development of stronger financial institutions

Hence, R is incorrect as imports would not help increase national income.