Question : Mahalanobis Model has been associated with which five-year plan?
Option 1: First Five-Year Plan
Option 2: Second Five-Year Plan
Option 3: Third Five-Year Plan
Option 4: Fourth Five-Year Plan
Correct Answer: Second Five-Year Plan
Solution : The correct option is the Second Five-Year plan.
Mahalanobis model was presented by P. C. Mahalanobis, also known as the "Father of Indian Statistics". The term year of the plan was 1956-1961. The plan aimed to develop the public sector through rapid industrialisation. As a result, many new plants, like steel plants in Bhilai, Durgapur, and Rourkela, were established.
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