planning economic development & five year plans section 5 Practice Questions Answers Test with Solutions & More Shortcuts

Answer: (a)

Answer: (d)

The Planning Commission was established in 1950, by Article 39 of the Directive Principles of the Constitution of India.

The planning commission (yojana Aayog) was an institution in the government of India, which formulated India’s five-year plans, among other functions.

Prime Minister Narendra Modi announced his intention to dissolve the planning commission in his first Independence Day speech in 2014. It has since been replaced by a new institution named Niti Aayog.

Answer: (a)

Under the third five year plan, the government introduced an agricultural strategy which gave rise to the green revolution in India.

Under the third plan, the goal was to establish self-reliance and a self-generating economy.

But the earlier plans had shown that agricultural production was the limiting factor, so agriculture was given top priority.

Answer: (b)

First plan – agriculture, Irrigation and power projects

Third Plan – self reliance and generating economy

Fifth Plan – growth with social justice

Twelfth plan – sustainable inclusive growth

Answer: (c)

The major emphasis on the First Five Year Plan was 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.