Which among the following is/are the objective(s) of setting up of Planning Commission in the 1950s in India? 1. To increase production and offering opportunities to all for employment 2. To make assessment of all resources of the country Select the answer using the code given below:

  1. A. 1 only
  2. B. 2 only
  3. C. Both 1 and 2
  4. D. Neither 1 nor 2

Correct Answer: C. Both 1 and 2

Explanation

The Planning Commission was established in 1950 with key objectives that included assessing the material, capital, and human resources of the country, increasing production, and formulating plans for their most effective and balanced utilization to create employment opportunities.

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