planning economic development & five year plans section 2 Practice Questions Answers Test with Solutions & More Shortcuts

Answer: (b)

Answer: (a)

The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision-making and deliberations on development matters in India, presided over by the Prime Minister.

The National Development Council is the final authority to adopt the Five Year Plan for the country.

Answer: (b)

After India gained independence, a formal model of planning was adopted, and accordingly the Planning Commission was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman.

Answer: (c)

The major emphasis in the First Five Year plan was on the agriculture sector. At the time of the first plan (1951–56), India faced severe food shortages and inflation.

Accordingly, the first plan emphasized rapid agricultural development so as to achieve food self-sufficiency and control inflation. The target Growth rate was 201% annual GDP Achieved Growth Rate was 3.6% & the Net domestic product went up by 15%.

Answer: (c)

2th Five Year Plan of the Government of India aims at faster, sustainable and more inclusive growth.