Question

    Mahalanobis model is –

    A A Wage – goods model Correct Answer Incorrect Answer
    B A Heavy industry model Correct Answer Incorrect Answer
    C A Labour – intensive model Correct Answer Incorrect Answer
    D An Export – oriented model Correct Answer Incorrect Answer
    E An import – oriented model Correct Answer Incorrect Answer

    Solution

    Mahalanobis model is a heavy industry model. According to P.C. Mahalanobis, to achieve a rapid long- term rate of growth it would be essential to devote a major part of the investment outlay to build­ing of basic heavy industries. 

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