Question : Which year did India adopt its first Five-Year Plan?
Option 1: 1947
Option 2: 1951
Option 3: 1960
Option 4: 1970
Correct Answer: 1951
Solution : The correct answer is (b) 1951.
The first Five-Year Plan in India was launched in 1951 under the leadership of Prime Minister Jawaharlal Nehru. The planning process began soon after India gained independence in 1947, but it took a few years to develop a comprehensive plan and initiate the implementation.
The first Five-Year Plan aimed to promote economic development and address various socio-economic challenges faced by the newly independent nation. It focused on agricultural development, industrialization, infrastructure development, and investment in social sectors such as education and healthcare. The primary objective was to lay the foundation for a self-sustained and balanced economy.
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