IPR 1956 Plan Basis
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Question (English)
The Industrial Policy Resolution of 1956 formed the basis of which Five Year Plan?
- First
- Second ✓ Correct
- Third
- Fourth
Explanation:
Correct Answer Explanation
IPR 1956 formed the basis of the Second Five Year Plan, which tried to build a socialist pattern of society.
Key Points:
- Government would control commanding heights of the economy.
- Private sector's policies would be complementary.
- Public sector would lead the way.
📚 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.
