WBCS.LIVE practice question

The 'Planning Holiday' in Indian economic history refers to which period?

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

Answer options

  1. 1961ā€“1966
  2. 1966ā€“1969
  3. 1978ā€“1980
  4. 1990ā€“1992

Correct answer and explanation

Correct answer: 1966ā€“1969

Explanation: āœ… Correct Answer: B) 1966ā€“1969 šŸ“š Explanation: Following the failure of the Third Five-Year Plan due to wars with China and Pakistan and a severe drought, the government declared a 'Planning Holiday'. During this three-year period (1966ā€“1969), annual plans were implemented instead of a comprehensive five-year plan. This allowed the economy to recover and stabilize before the launch of the Fourth Five-Year Plan.