Which of the following statements about India's initial economic strategy, which it adopted after Independence, is INCORRECT?
A) India's strategy involved state planning, while allowing for a role for private entrepreneurs.
B) This strategy included heavy tariffs in order to protect domestic industry.
C) This strategy enabled the country to build up an impressive industrial base fairly quickly.
D) India's economic development strategy included the creation of large public enterprises.
E) To achieve economic development, India streamlined government red tape to increase the start-up and expansion of private industries.
Correct Answer:
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