The most likely step that the government of a developing country like India would take in the event ...........

Economic Affairs Planning in India

The most likely step that the government of a developing country like India would take in the event of her not getting the expected aid for her five-year plans would be to:

Make up the deficit entirely through taxation and carry out the plan

Break off diplomatic and trade relations with the concerned nations

Revise and reduce the plan in respect of priorities

Give up the plan effort all together

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Explanation:

The most likely step that the government of a developing country like India would take in the event of her not getting the expected aid for her five-year plans would be to revise and reduce the plan in respect of priorities.