Which one of the following statements regarding the objectives of the Second Five-Year Plan is <strong>NOT</strong> correct?
- A. Development of the basic and heavy industry sector
- B. Increase in national income to raise living standards
- C. Expansion of the consumer goods sector ✓
- D. Expansion of employment opportunities
Correct Answer: C. Expansion of the consumer goods sector
Explanation
The Second Five-Year Plan (Mahalanobis model) prioritized rapid industrialisation through the development of basic and heavy industries, rather than the expansion of the consumer goods sector.
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