BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Second Plan
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Third Plan
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Fourth Plan
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Fifth Plan
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Detailed explanation-1: -The correct answer is Fourth Five Year Plan . There were two main objectives of the Fourth five-year plan i.e. growth with stability and progressive achievement of self-reliance. Its duration was from 1969 to 1974, under the leadership of Indira Gandhi.
Detailed explanation-2: -Fourth Plan (1969–1974) The Fourth Five-Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power. It was based on the Gadgil formula focusing on growth with stability and progress towards self reliance.
Detailed explanation-3: -Fourth Five Year Plan of India (1969-74) There were two principal objectives of this plan – ‘Growth with Stability’ and ‘Progressive Achievement of Self-Reliance’.
Detailed explanation-4: -The main objective of the Fifth Five-Year Plan was to accelerate the rate of economic growth and reduce inequalities in income and wealth. The Plan focused on investment in infrastructure and industry, as well as agricultural development.
Detailed explanation-5: -The Sixth Five Year Plan India was undertaken for the period between 1980 to 1985, with the main aim of attaining objectives like speedy industrialization, rise in the employment level, poverty reduction, and acquisition of technological self-reliance.