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
Correct Answer: 1951
Solution : The correct answer is 1951.
Though theoretical efforts had started much earlier, even before independence, the First Five-Year Plan marked the beginning of organized economic development in India in 1951. It was mainly concerned with the growth of the primary sector, which included irrigation and agriculture.
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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
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 : The first general election in India and the first amendment to the Constitution were held in:
Option 1: 1949
Option 2: 1950
Option 3: 1951
Option 4: 1952
Question : In which year was the first Industrial Policy based on the mixed economy principle announced in India?
Option 2: 1962
Option 3: 1950
Option 4: 1959
Question : In which year the Constituent Assembly of India started functioning?
Option 1: 1945
Option 2: 1946
Option 3: 1947
Option 4: 1948
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