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Home › CBSE Class 12 (Arts) › Economics › Indian Economic Development: Development Experience (1947-90) and Economic Reforms since 1991 › The Bombay Plan of 1944 called for state investm…

The Bombay Plan of 1944 called for state investment in what?

AHeavy industry
BHandicrafts
CForeign banks
DTea estates
Answer & Solution
Correct answer: A. Heavy industry
Industrialists like JRD Tata and G. D. Birla drafted it, seeking state investment in heavy industry and import controls.
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