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Narsimha Rao correct for Indian politics post-independence nation building reorganization as per NCERT Politics in India.
Ref: NCERT Political Science Class XII Politics in India Since Independence Chapter 1 Nation Building explains princely states 565 integration reorganization.
Loss of budgetary support to is planning correct; planning guides, sets standards, rational decision making.
Ref: NCERT Business Studies Class XII Chapter 4 Planning defines planning process importance limitations steps effective organizational goals achievement.
Privatisation defines nature significance; management goal-oriented, continuous, pervasive.
Ref: NCERT Business Studies Class XII Chapter 1 Nature and Significance of Management defines management functions characteristics clearly explained.
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