WBCS.LIVE practice question

Which Five-Year Plan in India was primarily based on the Mahalanobis model?

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

Answer options

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

Correct answer and explanation

Correct answer: Second Five-Year Plan

Explanation: āœ… Correct Answer: C) Second Five-Year Plan šŸ“š Explanation: The Second Five-Year Plan (1956-1961) was formulated largely under the intellectual guidance of the renowned statistician P. C. Mahalanobis. This model shifted the economic focus from agriculture to rapid industrialization, specifically targeting heavy and basic industries. It aimed to create a robust industrial base to facilitate long-term, self-sustaining economic growth in the newly independent nation.