Indian Economy Since Independence — Prelims Questions

Which of the following was NOT a direct consequence of the License Raj system in India?

Consider the following statements regarding India's economic planning post-independence: 1. The First Five Year Plan primarily focused on heavy industries and rapid industrialization. 2. The Planning Commission was replaced by NITI Aayog in 2015 to promote cooperative federalism. 3. The concept of 'Hindu rate of growth' refers to the accelerated economic growth observed after 1991 reforms. Which of the statements given above is/are correct?

Which of the following constitutional provisions primarily guided India's early post-independence economic policy towards social justice and equitable distribution?

The term 'Structural Adjustment Program' (SAP) in the context of India's 1991 economic reforms refers to:

Which of the following is a key objective of the 'Atmanirbhar Bharat Abhiyan' launched in 2020?