BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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First five year plan
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Second five year plan
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Fourth five year plan
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Fifth five year plan
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Detailed explanation-1: -Third Plan (1961–1966) The Third Five-year Plan stressed agriculture and improvement in the production of wheat, but the brief Sino-Indian War of 1962 exposed weaknesses in the economy and shifted the focus towards the defence industry and the Indian Army.
Detailed explanation-2: -The first five-year plan was presented and implemented by Jawaharlal Nehru, India’s first Prime Minister. It was launched in 1951, and its objective was to uplift the economic condition of India by mainly focusing on improving the standard of the primary sector.
Detailed explanation-3: -INDIA’S FIRST FIVE YEAR PLAN covered the period from April 1951 through March 1956; the Second Five Year Plan covers the period from April 1956 through March 1961.