ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tenth
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Seventh
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Fifth
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None of the above
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Detailed explanation-1: -The seventh five-year plan recognized the importance of human capital. It says “Human resource development has assigned a key role in any development strategy, particularly in a country with a large population".
Detailed explanation-2: -Detailed Solution. 8th Five Year Plan recognised human development as the core of all developmental efforts. The Eighth Five Year Plan was launched on 1st April 1992. The Plan Document was approved by the National Development Council in its forty-fourth meeting held in May 1992.
Detailed explanation-3: -Seventh Plan (1985–1990) The main objectives of the Seventh Five-Year Plan were to establish growth in areas of increasing economic productivity, production of food grains, and generating employment through “Social Justice".
Detailed explanation-4: -The First Five-Years Plan’s main focus was on agricultural development. India was primarily an agricultural country at the time of independence.
Detailed explanation-5: -Its duration was from 2007 to 2012, under the leadership of Manmohan Singh. It was prepared by the C. Rangarajan. Its main theme was “rapid and more inclusive growth”. It achieved a growth rate of 8% against a target of 9% growth. 28-Dec-2022