Correct Answer: Correct answer is: (C) Planned development.
Exam Relevance: UPSC, GRE, GMAT, CAT
Difficulty: Moderate
Concept notes: Economic planning aims to achieve a coordinated and systematic approach to development.
Common Mistakes: Students may confuse the objective of economic planning with specific outcomes like eradication of poverty or increasing per capita income, which are goals but not the primary objective.
Explanations: The primary objective of economic planning is to ensure a systematic and coordinated approach to development. This involves setting goals, allocating resources, and implementing policies to achieve balanced and sustainable growth. While eradication of poverty, total employment, and increased per capita income are important goals, they are outcomes of effective economic planning rather than the main objective itself.
Option Analysis: - Option A: Eradication of poverty is a goal of economic planning but not the primary objective.
- Option B: Total employment is a desirable outcome but not the main objective of economic planning.
- Option C: Planned development is the primary objective as it encompasses a systematic approach to growth and resource allocation.
- Option D: More per capita income is an outcome of successful economic planning but not the main objective.
Ques 51 explanation is not related to the question…
Very useful question but plz give explanation with correct answer