Question : From which five-year plan did India start its journey of industrialisation?
Option 1: Third Five-year Plan
Option 2: Second Five-year Plan
Option 3: Fifth Five-year Plan
Option 4: Fourth Five-year Plan
Correct Answer: Second Five-year Plan
Solution : The correct answer is the Second Five-year Plan.
During the Second Five-Year Plan (1956-1961), India, under the influence of the Harrod-Domar Growth Model and Prof. P. C. Mahalanobis' sectoral models, emphasized rapid industrialization, particularly in heavy and basic industries. This phase, known as the Mahalanobis Plan, sought economic stability, lowering the priority of agriculture. The Industrial Policy of 1956 aimed at establishing a socialistic pattern of society, advocating substantial imports through foreign loans. However, acute forex shortages forced a reduction in development targets, contributing to the modest success of the plan amidst challenges like rising prices and economic constraints.
College Comparison based on Courses, Placement, Rank, Fee
Application | Eligibility | Selection Process | Result | Cutoff | Admit Card | Preparation Tips
Question : The five-year plans in India laid down not only specific objectives to be attained in the five years of a plan but also what was to be achieved over 20 years. This long-term plan is called a __________.
Option 1: perspective plan
Option 2: twenty-year plan
Option 3: two-decade plan
Option 4: perpetual plan
Question : Planned economic development in India began in ______ with the inception of the First Five-Year Plan.
Option 1: 1948
Option 2: 1951
Option 3: 1956
Option 4: 1958
Question : In terms of area, India is the _____________ largest country of the World.
Option 1: second
Option 2: fourth
Option 3: sixth
Option 4: seventh
Question : In which year did King George V assume the crown of India?
Option 1: 1917
Option 2: 1906
Option 3: 1923
Option 4: 1911
Question : Which of the following schedules of the Constitution of India contains provisions regarding the Anti-Defection Law?
Option 1: Second Schedule
Option 2: Fifth Schedule
Option 3: Eighth Schedule
Option 4: Tenth Schedule
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile