GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which was the last Five years plan in India
A
Eleventh plan
B
Twelfth plan
C
Thirteenth Plan
D
Fourteenth Plan
Explanation: 

Detailed explanation-1: -Twelfth Plan (2012–2017) The Twelfth Five-Year Plan of the Government of India has been decided to achieve a growth rate of 9% but the National Development Council (NDC) on 27 December 2012 approved a growth rate of 8% for the Twelfth Plan.

Detailed explanation-2: -There is no Thirteenth Five Year Plan in India. Since the Planning Commission was disbanded in 2014, no formal economic plans have been established, while Five-Year Defense Plans are still being developed. The most current time frame would be 2017–2022. However, there is no Thirteenth Five-Year Plan.

Detailed explanation-3: -The correct answer is faster, sustainable and more inclusive growth. The Twelfth Five Year Plan lasted from 2012-2017. It was launched with the objective of faster, sustainable, and more inclusive growth.

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