Q. Which of the following plan is associated with Harrod Domar?
Red Book
Red Book

[A] First five year plan

[B] Second five year plan

[C] Sixth five year plan

[D] Ninth five year plan

Answer: A
Notes:
  • The First Five-year Plan was launched in 1951 which mainly focused in the development of the primary sector.
  • The First Five-Year Plan was based on the Harrod–Domar model with few modifications.

Source: Source

Blog
Academy
Community