GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The concept of five year plan in India was introduced by
A
Lord Mountbatten
B
Gandhi Indira
C
Jawahar lal Nehru
D
Lal Bahadur Shastri
Explanation: 

Detailed explanation-1: -The first Indian prime minister, Jawaharlal Nehru, presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-year Plan was launched in 1951 which mainly focused in the development of the primary sector.

Detailed explanation-2: -Answers. Firstly, the first five year plan was implemented in Soviet union in 1928. From there, first five year plan was introduced in india in 1951 by first prime minister Jawaharlal Nehru.

Detailed explanation-3: -The Second Five Year Plan was based on Mahalanobis Model. It was made from 1956 to 1961, under the leadership of Jawaharlal Nehru. Its main focus was on the industrial development of the country. P. C. Mahalanobis was a famous Indian statistician who founded the Indian statistical Institute.

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