Q. Which of the following plan was prepared by “Professor Mahalanobis”?

[A] First five-year plan

[B] Second five-year plan

[C] Third five-year plan

[D] Fifth five-year plan

Answer: B
Notes:

Explanation: Second Plan: The plan period was 1956–61. The growth strategy emphasized rapid industrialization with a focus on heavy industries and capital goods.

The plan was developed by Professor Mahalanobis. Due to the assumption of a closed economy, shortages of food and capital were felt during this Plan.

Source: Ramesh Singh

Blog
Academy
Community