GK
INDIAN ECONOMY
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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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Third Five Year Plan
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Fourth Five Year Plan
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Detailed explanation-1: -India had to recover from the partition and the disequilibrium in the economy due to the Second World War. The First Plan, therefore, had the objectives of rehabilitating refugees, agricultural development, and self-sufficiency in food along with controlling inflation.
Detailed explanation-2: -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.
Detailed explanation-3: -The main objectives of the Second Plan are an increase of 25 per cent in real national income over the five-year period 1956–57 to 1960–61; a large expansion of employment opportunities; rapid industrialization; and reduction of economic inequalities.