WBCS.LIVE practice question

Which specific period is officially referred to as the 'Plan Holiday' in the history of the Indian economy?

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

Answer options

  1. 1966 to 1969
  2. 1978 to 1980
  3. 1990 to 1992
  4. 1965 to 1968

Correct answer and explanation

Correct answer: 1966 to 1969

Explanation: āœ… Correct Answer: A) 1966 to 1969 šŸ“š Explanation: The period from 1966 to 1969 is officially designated as the 'Plan Holiday' in India's economic planning history. Following the severe economic disruptions caused by the Indo-Pak war of 1965 and consecutive severe droughts, the government could not launch the Fourth Five-Year Plan. Instead, three distinct annual plans were implemented during this financially stressed period to stabilize the economy.