WBCS.LIVE practice question

The "Gandhian Plan" of economic development was formulated in 1944 by whom?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Shriman Narayan Agarwal
  2. M.N. Roy
  3. P.C. Mahalanobis
  4. Ardeshir Dalal

Correct answer and explanation

Correct answer: Shriman Narayan Agarwal

Explanation: āœ… Correct Answer: A) Shriman Narayan Agarwal šŸ“š Explanation: Shriman Narayan Agarwal, a prominent Gandhian economist, formulated the "Gandhian Plan" in 1944. Unlike the industrial-focused Bombay Plan, this economic blueprint heavily emphasized the absolute decentralization of the economy. It prioritized the massive development of agriculture, village/cottage industries, and cooperative societies over heavy, centralized manufacturing.