Question : In which five-year plan was the process of economic reform introduced in India?
Option 1: Tenth
Option 2: Fifth
Option 3: Eighth
Option 4: Sixth
Correct Answer: Eighth
Solution : The correct option is Eighth.
The 8th Five-Year Plan ran from 1992 to 1997. India's attempts to accomplish several socioeconomic goals and to advance economic development and progress were maintained under this plan. Among the main objectives and areas of concentration for the Eighth Five-Year Plan were:
1. Infrastructure Development: To promote economic growth, the strategy sought to advance infrastructure development in industries including telecommunications, electricity, and transportation.
2. Agricultural Growth: Three main objectives were to boost modern agricultural methods, enhance rural development, and increase agricultural output.
3. Industrial expansion: To strengthen the manufacturing sector and advance economic stability, industrial expansion and diversification should be encouraged.
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Question : Which five-year plan in India was mainly focussed on Garibi Hatao, the creation of employment opportunities, and agricultural production amongst other objectives?
Option 1: Fifth
Option 2: Fourth
Option 3: Third
Option 4: Second
Question : Which five-year plan emphasised the development of industries and industrial base in India?
Option 1: Second
Option 4: First
Question : Which road plan in India was the first attempt for the Road Development Programme between 1943 and 1963?
Option 1: Poona Road Plan
Option 2: Nagpur Road Plan
Option 3: Bombay Road Plan
Option 4: Lucknow Road Plan
Question : The first Five Year Plan of the Government of India was based on
Option 1: Leontief input-output model
Option 2: Harrod-Domar model
Option 3: Mahalanobis two-sector model
Option 4: Mahalanobis four-sector model
Question : The system of Budget was introduced in India during the viceroyalty of
Option 1: Canning
Option 2: Dalhousie
Option 3: Rippon
Option 4: Elgin
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