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The concept of Economic Planning in India is derived from ?

  • A.USA
  • B.UK
  • C.Australia
  • D.Russia

Answer: D

The concept was drawn from Russia.

Nehru was much impressed by Soviet planning, and India's Five Year Plans followed that model in form - fixed periods, physical targets, a central planning body. The content differed: India planned within a mixed economy and a parliamentary democracy.

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