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UPSC Economics Poverty as a Challenge / एक चुनौती के रूप में गरीबी Question Bank Planning, Unemployment and Poverty in India

  • question_answer
    Consider the following statements regarding Indian Planning:
     1. The Second Five-Year Plan emphasized on the establishment of heavy industries.
     2. The Third Five-Year Plan introduced the concept of import substitution as a strategy for  industrialization.
    Which of the statements given above is/are correct?

    A) 1 only                         

    B) 2 only

    C) Both 1 and 2   

    D) Neither 1 nor 2

    Correct Answer: A

    Solution :

    Second Five-Year Plan (1956-1961); The fourth Five-Year Plan (1969-74) introduced the concept of import substitution as a strategy for industrialization.


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