CA Foundation P4 · Chapter 10 · Question 6 of 15
India's First Five-Year Plan (1951-56) gave the highest priority to:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Agriculture, including irrigation and power projects
Explanation
The First Plan, based broadly on the Harrod-Domar model, focused on agriculture, irrigation and power, given food shortages and the effects of Partition. The Second Plan shifted emphasis to heavy industry.
More Indian Economy MCQs
- Q8The Green Revolution in India, which began in the mid-1960s, was based mainly on:
- Q9In 1969, the Government of India nationalised:
- Q10Which of the following was a feature of the New Industrial Policy of 1991?
- Q11In the period since the 1991 economic reforms, which sector has accounted for the largest share of India's GDP?
- Q12The 'drain theory', which argued that British rule transferred India's wealth to Britain, was propounded by: