4 Views

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


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

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.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books