Five Year Plans Origin
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Question (English)
India borrowed the concept of five year plans from which country?
- United States of America
- United Kingdom
- Former Soviet Union ✓ Correct
- China
Explanation:
Correct Answer Explanation
India borrowed the concept from the former Soviet Union, the pioneer in national planning.
Key Points:
- Plans were of five years duration.
- Plan documents specified objectives for five years and also for twenty years (called 'perspective plan').
- Different goals were emphasised in different plans due to limited resources.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.
