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Question

Which of the following statements highlights a few objectives of the Five-Year Plans implemented by the Indian government?

A
Improve literacy rate of India.
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B
Uplift the standard of living.
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C
Introduce the capitalist form of economy.
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D
Increase employment opportunities.
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Solution

The correct option is D Increase employment opportunities.
At the time of independence, India's socio-economic status was disappointing. 80% of the population was poor. Only 12% of the population was literate. Unemployment was as high as 33.5%. To overcome all these problems, India implemented Five-Year Plans. Each plan set specific economic targets to be achieved in a period of five years.

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