I. The Second Five-Year Plan sought to promote development which would establish socialistic pattern of society in India.
II. Between \(1966\) and \(1969\), three Annual Plans were formulated.
III. The Ninth Five-Year Plan could not take off at its stipulated time in the 60th year of India's Independence.
Which of the statements given above are correct?
I and II only
To determine which of the given statements are correct, let's examine each statement individually:
- Statement I: The Second Five-Year Plan sought to promote development which would establish socialistic pattern of society in India.
This statement is correct. The Second Five-Year Plan (1956-1961) in India was based on the Mahalanobis model that emphasized industrialization, particularly focusing on the development of heavy industries, and aimed to create a socialistic pattern of society through state-led economic planning. - Statement II: Between 1966 and 1969, three Annual Plans were formulated.
This statement is correct. After the Third Five-Year Plan (1961-1966), India faced economic challenges, and due to resource constraints and difficult economic conditions, the government adopted a period of Annual Plans (also known as Plan Holidays) from 1966 to 1969. - Statement III: The Ninth Five-Year Plan could not take off at its stipulated time in the 60th year of India's Independence.
This statement is incorrect. The Ninth Five-Year Plan (1997-2002) started at its scheduled time in 1997, coinciding with the 50th year of India's Independence, not the 60th.
Based on the analysis above, Statements I and II are correct, while Statement III is incorrect. So, the correct option is I and II only.
Similar Questions
- Which among the following is/are the objective(s) of setting up of Planning Commission in the 1950s in India?
1. To increase production and offering opportunities to all for employment
2. To make assessment of all resources of the country
Select the answer using the code given below: - Which among the following statements with regard to Five Year Plans in India is/are correct?
1. The First and Ninth five year plans accorded high priority to agriculture
2. The Third Plan was based on the Harrod-Domar Model
3. Seventh Plan focused on food, work and productivity
4. The Ninth five year plan emphasized on massive investments in public sector
Select the answer using the code given below: - Before the inception of the First Five year Plan, which among the following Plans were initiated in India?
1. Bombay Plan
2. Peoples Plan
3. Sarvodaya Plan
4. Gandhian Plan
Select the answer using the code given below: - Which one among the following plans is also known as Mahalanobis Plan?
- Which of the following were the years of Annual Plans ?
Important Questions from Economic Planning-India
Which of the following has/have occurred in India after its liberalization of economic policies in 1991?
1. Share of agriculture in GDP increased enormously.
2. Share of India's exports in world trade increased.
3. FDI inflows increased.
4. India's foreign exchange reserves increased enormously.
Select the correct answer using the codes given below:
The main objective of the 12th Five-Year Plan is
Which of the following are associated with ‘Planning’ in India?
(1) The Finance Commission
(2) The National Development Council
(3) The Union Ministry of Rural Development
(4) The Union Ministry of Urban Development
(5) The Parliament
Select the correct answer using the code given below.
Economic growth is usually coupled with:
Consider the following statements:
1. National Development Council is an organ of the Planning Commission.
2. The Economic and Social Planning is kept in the Concurrent List in the Constitution of India.
3. The Constitution of India prescribes that Panchayats should be assigned the task of preparation of plans for economic development and social justice.
Which of the statements given above is/are correct?
