With reference to the concept of "self-reliance" during India's early Five Year Plans, consider the following statements: 1. Self-reliance aimed to reduce India's dependence on imports, particularly food, technology, and capital. 2. Emphasis on self-reliance was seen as essential to protect India's sovereignty from foreign interference. 3. Self-reliance completely eliminated all imports during the first seven Five Year Plans. Which of the statements given above is/are correct? |ForumIAS

[A] 1 and 2 only

[B] 1 and 3 only

[C] 2 and 3 only

[D] 1, 2, and 3

Answer: A

Notes:

Explanation:

Self-reliance emphasized avoiding imports to protect sovereignty.
Complete elimination of imports was not achieved; the focus was on reducing imports, not abolishing them.

Source- 12th NCERT: Economics: Macroeconomics

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