Official Answer Key & Detailed Solution
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Correct Answer: Option (D) — The nation’s priorities have shifted away from industrial development to rural development
Concept & Option Breakdown
Standard Reference Verified- Option (d) is not true (hence the correct answer): Industrial development remained a top priority during the 1990s reforms; the shift was not away from industry, but rather in the mechanism—moving from state-directed planning and licensing towards market-driven, private sector-led industrialisation.
- Options (a), (b), and (c) are true: Post-1991 reforms delicensed industries, reduced central command planning in favour of market mechanisms, and redirected state planning focus toward social infrastructure and human resource development.
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