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‘A Plan of Economic Development for Indi...

‘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.

A

1.Mysore

B

2.Allahabad

C

3.Bombay

D

4.Calcutta

Text Solution

Verified by Experts

The correct Answer is:
C
The Bombay plan was authored by top industrialists such as JRD Tata, GD Birla and Lal Shri Ram. The economists who helped draft the plan were John Mathai (who went on to become the finance minister in Nehru’s cabinet), Ardheshir Dalal, AD Shroff and PS Lokanathan.
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