SSC Economics Sample Paper NCERT Sample Paper-7

  • question_answer
    Consider the following statements:
    1. Agriculture was much emphasized in second five year plan
    2. The emphasis was given to industries in first five year plan. 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: D

    Solution :

    [d] In the first five year plan, the total planned budget of Rs. 2069 crore (2378 crore later) was allocated to seven broad Areas irrigation and energy (27.2%) agriculture and community development (17.4%), transport and communications (24%), industry (8.4%), social services (16.64%), land rehabilitation (4.1%), and for other sectors and services (2.5%). The most important feature of this phase was active role of state in all economic sectors. The total amount allocated under the Second Five-Year Plan in India was Rs.48 billion. This amount was allocated among various sectors: power and irrigation, social services, communications and transport, and miscellaneous.

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