GENERAL KNOWLEDGE

Detailed explanation-1: -Annual Plans (1990-92) The Eight Five Year Plan was not introduced in 1990 and the following years 1990-91 and 1991-92 were treated as Annual Plans. This was largely because of the economic instability. India faced a crisis of foreign exchange reserves during this time.

Detailed explanation-2: -In 1990, 21 years later, there was a gap between the plans once again due to the constantly changing government at the Centre. Annual plans were launched for the years 1990-91 and 1991-92, and the Eighth Five-Year Plan was kicked off in 1992. India had a total of 12 Five-Year Plans, the last one being from 2012-2017.

Detailed explanation-3: -Detailed Solution. The correct answer is 1966-69. There were three annual plans between 1966 and 1969. This period was also called ‘plan holiday’.

Detailed explanation-4: -INDIA’S FIRST FIVE YEAR PLAN covered the period from April 1951 through March 1956; the Second Five Year Plan covers the period from April 1956 through March 1961. The main objectives of planning in India are, broadly, to double real national income in less than 20 years and to double the per capita income in 25 years.