WBCS.LIVE practice question

The name of Prasanta Chandra Mahalanobis is associated with

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

Answer options

  1. First Five-Year Plan
  2. Second Five-Year Plan
  3. Third Five-Year Plan
  4. Fourth Five-Year Plan

Correct answer and explanation

Correct answer: Second Five-Year Plan

Explanation: āœ… Correct Answer: B. Second Five-Year Plan šŸ“š Explanation: The Second Five-Year Plan (1956-1961) is popularly known as the 'Mahalanobis Plan'. It was based on the strategy developed by the statistician Prasanta Chandra Mahalanobis, which emphasized heavy industrialization. The plan focused on the development of basic and capital goods industries, such as iron and steel. This shift aimed to make India a self-reliant and industrially advanced nation.