GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which Plan is also called ‘Gadgil Yojana’?
|
|
Third Five Year Plan
|
|
|
Fourth Five Year Plan
|
|
|
Fifth Five Year Plan
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -The third Five Year Plan (1961 – 1966) is known as Gadgil Yojana. This five-year plan shifted its major focus to India’s defence sector, along with the other sectors.
Detailed explanation-2: -Third Plan (1961–1966) The Third Five-year Plan stressed agriculture and improvement in the production of wheat, but the brief Sino-Indian War of 1962 exposed weaknesses in the economy and shifted the focus towards the defence industry and the Indian Army. In 1965–1966, India fought a War with Pakistan.
Detailed explanation-3: -It was based on the Harrod-Domar model.
There is 1 question to complete.