question_answer

Direction: Read the given passage carefully and answer the questions that follow.

Change, as they say, is the only constant. What is relevant in a certain context at a given period of time and environment may cease to be so in a different context, a different time or a changed environment. This applies as much to institutions and organisations as to people, ideas and concepts. And so, when confronted with change the choices are limited to just two - change with the times, or risk being consigned to the dustbin of history. The Planning Commission, established 64 years ago, brings up the issues of time, context and environment. Between 1950, when it was established, and now, the times have changed. The then newly independent India was struggling with a damaged and rudimentary economy and needed an orderly assessment of its resources and planning for development. It is much better organised today in economic terms, and even at current rates of growth is among the fastest-growing in the world. The Planning Commission was then the vehicle that enabled the public sector to rise to the "commanding heights of the economy"; today, the private sector is the chosen vehicle for industrial growth after the tectonic shift of 1991 when licensing and controls were abolished or eased. The global environment has also changed, as has India's controls over much of the economy are passe- and seen as hindering enterprise. Prime Minister Narendra Modi has merely articulated what was accepted and known for the last decade and more: the Planning Commission in its original form needed to be changed.

Why is the Planning Commission in its original form needed to be changed?

 

A)  State control over much of the economy is considered as hindrance in today's world.

B)  India is much better organised in economic terms, in comparison to yesteryears.

C)  Licensing and controls are either abolished or eased.

D)  Even at current rates of growth, India is among the fastest-growing economy in the world.

E)  All of these