Question : Which five-year plan was based on the ideas of Mahalanobis?
Option 1: Fourth five-year plan
Option 2: Third five-year plan
Option 3: First five-year plan
Option 4: Second five-year plan
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Correct Answer: Second five-year plan
Solution : The correct option is the Second five-year plan.
Mahalanobis' approach particularly influenced the second five-year plan (1956–1961). He was an Indian scientist and statistician, and his model emphasised the role of heavy industry in economic development. The plan aimed at rapid industrialisation and infrastructure development, focusing on key sectors such as steel, chemicals, machinery, and power. Mahalanobis' contributions to economic planning in India were significant, and his approach continued to influence subsequent five-year plans in the country.
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Question : The Industrial Policy Resolution of 1956 formed the basis of the_________________.
Option 1: Fifth Five Year plan
Option 2: Second Five Year plan
Option 3: Fourth Five Year plan
Option 4: Third Five Year plan
Question : Which five-year plan in India is referred to as the Mahalanobis Plan?
Option 1: 4th Five-Year Plan
Option 2: 2nd Five-Year Plan
Option 3: 1st Five-Year Plan
Option 4: 3rd Five-Year Plan
Question : Considering the five-year plans of India, which of the following is correctly matched?
I. Rolling Plan – Introduced before the Sixth Five-Year Plan II. Mahalanobis Plan – Second Five-Year Plan
Option 1: Only I
Option 2: Both I and II
Option 3: Only II
Option 4: Neither I nor II
Question : The global financial crisis overlapped with which five-year plan in India?
Option 1: Ninth Five-Year Plan
Option 2: Tenth Five-Year Plan
Option 3: Twelfth Five-Year Plan
Option 4: Eleventh Five-Year Plan
Question : From which five-year plan onwards in India were fiscal and economic reforms, including liberalisation, adopted?
Option 1: Eighth Five-Year Plan
Option 2: Seventh Five-Year Plan
Option 3: Sixth Five-Year Plan
Option 4: Ninth Five-Year Plan
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