A Plan of Economic Development for India’, which was prepared by a cross-section of India’s leading capitalists in 1944, was popularly known as the ______ Plan.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Bombay.
The Plan of Economic Development for India, prepared by a cross-section of India’s leading capitalists in 1944, was popularly known as the Bombay Plan. This plan, drafted primarily by industrialists such as J.R.D. Tata and G.D. Birla, proposed a comprehensive strategy for industrialization and economic development in post-independence India, focusing on substantial investment in heavy industries and infrastructure to spur economic growth and self-sufficiency.