Question

Read the following statements carefully :

Statement I : Prasanta Chandra Mahalanobis is known as the architect of Indian planning.

Statement II : The Industrial Policy Resolution of 1948 was adopted to ensure that the state takes the dominating status in the economy.

In the light of the given statements, choose the correct option from the following :

• A. Both Statements I and II are true.
• B. Both Statements I and II are false.
• C. Statement I is true, but Statement II is false.
• D. Statement I is false, but Statement II is true.

Hint:

Mahalanobis is the architect of Indian planning, so I is true. The 1948 resolution kept a mixed economy, so II is false.

Answer 1

The Correct Option is C

Step 1: Plan:
We check each statement one by one and then pick the option.

Step 2: Check Statement I:
P.C. Mahalanobis drafted the second five year plan model. He is called the architect of Indian planning.
So Statement I is TRUE.

Step 3: Check Statement II:
The Industrial Policy Resolution of 1948 set up a mixed economy with a role for both the public sector and private sector.
It was the Resolution of 1956 that gave the state the dominating role through the public sector. Statement II describes 1956, not 1948.
So Statement II is FALSE.

Step 4: Match:
I true and II false is option (C).
(A) says both are true, so it is wrong. (B) says both are false, so it is wrong. (D) reverses the pair, so it is wrong.

Final Answer:
Statement I is true, but Statement II is false. Option (C).