Q. Consider the following statements regarding five-year plans in India:
1.There are no plan holidays between the first and final five-year plans.
2.The first five-year plan accorded the highest priority to industry.
Which of the statements given above is/are correct?
Answer: D
Notes:
Explanation: The period of the three consecutive Annual Plans was 1966–69. Though the Fourth Plan was ready for implementation in 1966, the weak financial situation as well as the low morale after the defeat by China, the government decided to go for an Annual Plan for 1966–67.
The period for this plan was 1951–56. As the economy was facing the problem of large-scale food grains import (1951) and the pressure of price rise, the plan accorded the highest priority to agriculture.
Source: Ramesh Singh
