Question : When did the First Five-Year Plan end?
Option 1: March 1956
Option 2: January 1956
Option 3: December 1955
Option 4: February 1956
Correct Answer: March 1956
Solution : The correct answer is March 1956.
The period of the First Five-Year Plan was from 1951 to 1956. The plan was based on the Harrod Domar Model and emphasised increasing savings. The five-year plans were formulated, implemented and regulated by a body known as the Planning Commission. Joseph Stalin was the first person to implement the five-year plan in the Soviet Union in the year 1928.
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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 : Which of the following five-year plan addressed the issue of removal of poverty as a chief objective for the first time?
Option 1: Fourth Five-Year Plan
Option 2: Third Five-Year Plan
Option 3: Sixth Five-Year Plan
Option 4: Fifth Five-Year Plan
Question : The duration of the twelfth Five-Year Plan is
Option 1: 1st January, 2012 to 31st December, 2017
Option 2: 1st April, 2011 to 31st March, 2016
Option 3: 1st January, 2011 to 31st December, 2016
Option 4: 1st April, 2012 to 31st March, 2017
Question : Which one of the following pairs is incorrect?
Option 1: Fifth Five-Year Plan - 1961-66
Option 2: Eighth Five Year Plan - 1992-97
Option 3: Eleventh Five Year Plan - 2007-12
Option 4: First Five-Year Plan - 1951-56
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
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