Select the incorrectly matched pair from the following options.
A
Industrial Finance Corporation of India -> Makes long-term loans available to industries
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B
Textiles Committee -> Determines quality standards of clothes
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C
First Five Year Plan -> Implemented in 1956 with a focus on the IT sector
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D
Khadi and Village Industries Commission -> Promotes self-reliance in rural areas.
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Solution
The correct option is C First Five Year Plan -> Implemented in 1956 with a focus on the IT sector The first five year plan was launched in 1951 and its primary focus was the development of the primary sector. A five year plan is a method of planning to increase economic growth in a small interval of time periods.