4 Views

Question : Which Five-Year Plan marked the beginning of economic planning in India?

Option 1: First Five-Year Plan

Option 2: Second Five-Year Plan

Option 3: Third Five-Year Plan

Option 4: Fourth Five-Year Plan


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 21st Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: First Five-Year Plan


Solution : The correct answer is (a) First Five-Year Plan.

The First Five-Year Plan, covering the period from 1951 to 1956, marked the beginning of economic planning in India. It was launched by the Indian government under the leadership of Prime Minister Jawaharlal Nehru with the objective of rapid industrialization and economic development. The plan focused on agriculture, irrigation, power, and transport infrastructure, with an emphasis on reducing poverty and increasing employment opportunities. The First Five-Year Plan laid the foundation for subsequent plans and the process of planned economic development in India.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

UPES Dehradun | B.Com Admissi...
Apply
#41 in NIRF | 50 LPA Highest CTC, Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES Dehradun BA Admissions 2025
Apply
Ranked #46 amongst Universities in India by NIRF | Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
Pearl Academy BBA 2025
Apply
No. 1 Design & Fashion Institute by ASSOCHAM, India Today, Outlook and The Week rankings
Woxsen University BBA (Hons.)...
Apply
AACSB, Business Graduates Association, AMDISA Member | Merit-Based Scholarships
UPES Dehradun BCA Admissions ...
Apply
Ranked #46 Among Universities in India by NIRF | 2570+ Students Placed | 96.55% Placement, 700+ Recruiters
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