GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A rolling plan refers to a plan which:
A
does not change its targets every year
B
changes its allocations every year
C
changes its allocations and targets every year
D
changes only its targets every year
Explanation: 

Detailed explanation-1: -The definition of a Rolling plan in India is to evaluate the performance after the plan was assessed and based on this assessment result, a new plan was generated for next year. Thus, the together targets and allocation are altered during the rolling plan.

Detailed explanation-2: -Rolling Plan was the sixth five year plan introduced by the Janata Government for the time period 1978-83, after removing the fifth five year plan in 1977-78. You can read about the National Institution for Transforming India (NITI Aayog) – A Brief Overview in the given link.

Detailed explanation-3: -The correct answer is The plan which changes its allocation and targets every year.

There is 1 question to complete.