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Q75 (NDA-II/2024) Economy › Growth, Development, Poverty & Employment Official Key

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 :

Explanation

The Planning Commission of India was established on March 15, 1950, by a Government Resolution. Its objectives were closely aligned with the Directive Principles of State Policy.

  • Statement 1 is correct: The 1950 Resolution stated that the Commission should promote a rapid rise in the standard of living by efficient exploitation of resources, increasing production, and offering opportunities to all for employment in the service of the community.
  • Statement 2 is correct: One of the primary functions assigned to the Commission was to "make an assessment of the material, capital, and human resources of the country, including technical personnel, and investigate the possibilities of augmenting such of these resources as are found to be deficient."

Since both statements represent the core functions and objectives defined at its inception, Option C is the correct answer.

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