Where is it expected to invest by government to stimulate growth?

On infrastructure

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On governments plans

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On fiscal management

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On manufacturing sector

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On social development

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Solution

The correct option is A On infrastructure
In the fifth passage, it is said by economist Madan Sabnav that it is the government which has to increase its allocation for public investment on infrastructure to stimulate growth.

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Similar questions

Q. The investment (in ten crores of rupees) of Life Insurance Corporation of India in different sectors are given below:

Sectors	Investment (in ten crores of rupees)
Central Government Securities State Government Securities Securities guaranteed by the Government Private Sectors Socially oriented sectors (Plans) Socially oriented sectors (Non-Plan)	45 11 23 18 46 11

Represent the above data with the help of bar graph.

Q. Which of the following activities did the government undertake to develop social sector?

Q. 77. The Planning Commission was established in 1950 through a Government resolution to formulate long-term development Plans and to recommend them to the Union Cabinet. In framing its recommendations, the Commission has to act in close understanding and consultation with the ministries of the Central government and the governments of the States. The responsibility for policy decisions and implementation rests with the Central and State governments. Many have regarded and some still regard, that the Indian Plans are modelled on Soviet-type "command" planning. This is true only to the extent that there was considerable emphasis, particularly in the Second and Third Plans, on creation of a heavy industrial base under the auspices of the State. Under the aggressive intellectual leadership of Prof. P.C. Mahalanobis and a few other technical experts of the Commission, this objective was given a pride of place in development planning. Subsequently, as a result of severe difficulties, higher priority was accorded to agriculture. The Industrial policy resolutions of 1948 and 1956 provided the basic framework of industrial development and regulation. The Industrial policy Resolution of 1948 envisaged careful planning and integrated effort and that a progressively increased role will be assumed by the Central and State governments in the process of economic growth and in industrial development in particular, by the public sector within a mixed economy. It demarcated industries between the public and private sectors, providing for exclusive monopoly of the basic and infrastructural industries to the former. The Industrial policy Resolution of 1956 gave priority to development of heavy industries and machine-making industries, expansion of public sector, besides promoting the co-operative sector.
According to the passage what were the characteristics of 'command' planning?
1. Union and state governments were expected to take initiatives for creation of industrial infrastructure.
2. Planning for development became the important agenda.

Q. Direction: The gross investment of Life insurance Corporation of India (in crores of rupees) in different sectors are shown in the pie chart given below

On the basic of the above information answer the following questions.

The investment is socially oriented sectors (plan and non plan) is

\dots

than the investment in Government securities (Central and State) by

\dots

The center reportedly wants to continue providing subsidy to consumers for cooking gas and kerosene for five more years. This is not good news from the point of view of reining in the fiscal deficit. Mounting subventions for subsidies means diversion of savings by the government from investment to consumption, raising the cost of capital in the process. The government must cut expenditure on subsidies to create more fiscal space for investments in both physical and social infrastructure. It should outline a plan for comprehensive reform in major subsidies including petroleum, food and fertilizers and set goal posts.

Which of the following is a conclusion which can be drawn from the facts stated in the above paragraph?

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Where is it expected to invest by government to stimulate growth?

The correct option is A On infrastructureIn the fifth passage, it is said by economist Madan Sabnav that it is the government which has to increase its allocation for public investment on infrastructure to stimulate growth.

The correct option is A On infrastructure
In the fifth passage, it is said by economist Madan Sabnav that it is the government which has to increase its allocation for public investment on infrastructure to stimulate growth.