The correct answer is option 4, "all of the above." The objectives of Indian Planning encompass multiple goals. One of the objectives is to increase national income, which aims to boost the overall economic growth and development of the country. Another objective is to reduce inequalities in income and wealth, addressing the income disparities among different sections of society. This goal emphasizes creating a more equitable society where wealth and opportunities are distributed more evenly. Lastly, the elimination of poverty is also an objective of Indian Planning. This involves implementing policies and schemes that aim to uplift the economically disadvantaged sections of the society and provide them with access to basic necessities and opportunities for a better livelihood.