Which of the following statement is correct regarding the Economic planning?
A.Economic planning can also be classified into more types—sectoral and spatial.
B.In sectoral planning, the planners emphasise the specific sector of the economy i.e. agriculture, industry or the services.
C.In spatial planning development is seen in the spatial dimensions of development might be defined by the pressure and requirements of national economic development.
D.All of the above
Answer:D
Which of the following statement is correct regarding the Economic planning?
A.Economic planning can also be classified into more types—sectoral and spatial. B.In sectoral planning, the planners emphasise the specific sector of the economy i.e. agriculture, industry or the services. C.In spatial planning development is seen in the spatial dimensions of development might be defined by the pressure and requirements of national economic development. D.All of the above
Explanation: Economic planning is classified into more types—sectoral and spatial. In sectoral planning, the planners emphasise the specific sector of the economy i.e. agriculture, industry or the services. In spatial planning development is seen in the spatial framework. The spatial dimensions of development might be defined by the pressure and requirements of national economic development. Indian planning has been essentially normative—single level economic planning with a greater reliance on the sectoral approach though the multi-level regional or spatial dimensions are being increasingly emphasised since the early 1990s.