WBCS.LIVE practice question

The concept of the 'Rolling Plan' was coined by which economist?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Amartya Sen
  2. John Maynard Keynes
  3. P.C. Mahalanobis
  4. Gunnar Myrdal

Correct answer and explanation

Correct answer: Gunnar Myrdal

Explanation: āœ… Correct Answer: D) Gunnar Myrdal šŸ“š Explanation: The concept of the 'Rolling Plan' was famously coined by the Nobel Prize-winning Swedish economist Gunnar Myrdal. In India, this concept was briefly implemented by the Morarji Desai-led Janata Party government from 1978 to 1980 after terminating the fifth Five-Year Plan. Under this system, the plan's performance is assessed annually, and a new plan is designed for the next year.