Question : Harrod-Domar's growth model is known for highlighting the role of savings and investments. Which five-year plan in India was based on this model?
Option 1: First
Option 2: Second
Option 3: Fourth
Option 4: Third
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Correct Answer: First
Solution : The correct answer is First.
The Harrod-Domar growth model was introduced in the First Five-Year Plan of India from 1951 to 1956 under the leadership of Pt. Jawaharlal Nehru. The main objective of this first five-year plan was focused on the agricultural development of the country, and this model was considered successful as it achieved a growth rate of 3.6%.
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Question : The first Five Year Plan of the Government of India was based on
Option 1: Leontief input-output model
Option 2: Harrod-Domar model
Option 3: Mahalanobis two-sector model
Option 4: Mahalanobis four-sector model
Question : In which five-year plan was the Mahalanobis Model started?
Option 1: Second
Option 2: Fourth
Option 3: Third
Option 4: First
Question : Plan Holiday was declared after
Option 1: The First Five Year Plan
Option 2: The Second Five Year Plan
Option 3: The Third Five Year Plan
Option 4: The Fourth Five Year Plan
Question : Choose the correct pair from the following options.
Option 1: Third Five-year Plan – Rapid industrialisation and basic industries
Option 2: Fourth Five-year Plan - Family planning programme
Option 3: First Five-year Plan – Mahalanobis model
Option 4: Second Five-year Plan – Focus on agriculture
Question : Which five-year plan emphasised the development of industries and industrial base in India?
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