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Question

Which of these statements about the Bombay Plan is incorrect?

(a) It was a blueprint for India’s economic future.
(b) It supported state-ownership of industry.
(c) It was made by some leading industrialists.
(d) It supported strongly the idea of planning.

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Solution

The statement given in option (a) is incorrect.

Explanation
Bombay Plan could not be regarded as the blueprint for India’s economic future as it talked of setting up of a body that would bring about planned development in India and that state must take a major role in industrial and other economic investments.

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