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Which of the following industrial policy resolutions was based on the Mahalanobis model of growth?

  1. A
    Industrial Policy Resolution - 1956
  2. B
    Industrial Policy Statement - 1973
  3. C
    Industrial Policy Statement - 1977
  4. D
    None of the above

Solution & Step-by-step Explanation

The Industrial Policy Resolution of 1956, also regarded as the Economic Constitution of India, was heavily structured based on the Nehru-Mahalanobis strategy of industrialization, which advocated for heavy capital goods industries.

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Which of the following industrial policy resolutions was based on the Mahalanobis model of growth?
A
Industrial Policy Resolution - 1956
B
Industrial Policy Statement - 1973
C
Industrial Policy Statement - 1977
D
None of the above

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EconomicsIndustrial PoliciesFive Year Plans

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