Question
Indian Economy Question on Planning and Indian development
Which of the following Five Year Plans focused on rapid industrialization-heavy and basic industries, and advocated for a socialistic pattern of society as the goal of economic policy?
A
1 st Five Year Plan (1951-56)
B
2 nd Five Year Plan (1956-61)
C
3 rd Five Year Plan (1961-66)
D
4 th Five Year Plan (1969-74)
Answer
2 nd Five Year Plan (1956-61)
Explanation
Solution
The correct option is (B): 2 nd Five Year Plan (1956-61)