SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The concept of five year plan in India was introduced by
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Lord Mountbatten
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Gandhi Indira
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Jawahar lal Nehru
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Lal Bahadur Shastri
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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: -The first five year plan was introduced by Joseph Stalin in the USSR in 1928.
Detailed explanation-3: -Fifth Plan (1974-79) Target Growth: 4.4% Actual Growth: 4.8% The final Draft of fifth plan was prepared and launched by D.P. Dhar in the backdrop of economic crisis arising out of run-away inflation fuelled by hike in oil prices and failure of the Govt.
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