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The First Five Year Plan of India Was Based on - Current Affairs Including General Knowledge

MCQ

The First Five Year Plan of India was based on

Options

  • John W Miller Model

  • PC Mahalanobis Model

  • Gadgil Yojana

  • Herrod-Domar Model

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Solution

The First Five Year Plan of India was based on Herrod-Domar Model

Explanation:

The first Indian Prime Minister, Jawaharlal Nehru presented the First Five-Year Plan to the Parliament of  India and needed urgent attention. The First Five-year  Plan was launched in 1951 which mainly focused on the development of the primary sector. The First Five-Year  Plan was based on the Harrod-Domar model with few modifications.

Concept: Static General Knowledge (Entrance Exam)
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