Question : Which of the following sectors was the focus of the first Five-Year Plan?
Option 1: Service Sector
Option 2: Agricultural Sector
Option 3: Industrial Sector
Option 4: Public Sector
Correct Answer: Agricultural Sector
Solution : The correct answer is the Agriculture sector .
The agriculture sector was the focus of the first five-year plan. This plan was launched in 1951 and was focused on the primary sector. This plan was based on the Harrod-Domar model with a few modifications. The plan promoted the idea of a self-reliant, closed economy. This plan was executed and monitored by the Planning Commission.
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