which of the following is not an objective of economic planning
- need to direct economic development of the country towards the desired direction
- desire to ensure a sustained cultural development of the country
-
desire to widen the gap between developing countries and the developed world
- management of scarce resources in the face of unlimited wants of the citizens
The correct answer is: C
Explanation
Economic planning consist of economic decisions, schemes formed to meet certain pre-determined economic objectives and a road map of directions to achieve specific goals within specific period of time.By the conscious decisions of Central and State Government, based on in-depth study of the existing and potential resources of a country through surveys and a careful study of the needs of the people the planning takes place.