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      Question

      Mahalanobis model is тАУ

      A A Wage тАУ goods model Correct Answer Incorrect Answer
      B A Heavy industry model Correct Answer Incorrect Answer
      C A Labour тАУ intensive model Correct Answer Incorrect Answer
      D An Export тАУ oriented model Correct Answer Incorrect Answer
      E An import тАУ 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 build┬нing of basic heavy industries.┬а

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