Question

Modernization is an important economic planning objective that focuses on ___________. 
(Choose the correct alternative to fill in the blank): 
[(i)] Adoption of innovative technology 
[(ii)] Equal distribution of income and wealth 
[(iii)] Bringing positive changes in the social outlook

• A. Only (i)
• B. (i) and (ii)
• C. (i) and (iii)
• D. (i), (ii), and (iii)

Hint:

Modernization focuses on technological advancement and social transformation, while equitable income distribution is a separate economic objective.

Answer 1

The Correct Option is C

Modernization refers to the transformation of an economy through technological advancement and social progress. 
It includes: Adoption of innovative technology: Enhances productivity, efficiency, and global competitiveness. 
Bringing positive changes in the social outlook: Encourages progressive attitudes, gender equality, and scientific temper. However, equal distribution of income and wealth is primarily a focus of equity, not modernization. Thus, option (ii) is not included in the correct answer.