Which one among the following statements regarding the Eighth Five Year Plan in India is not correct ?

examrobotsa's picture

Submitted by examrobotsa on

Q: 77 (NDA-I/2011)

Which one among the following statements regarding the Eighth Five Year Plan in India is not correct ?

question_subject: 

Economics

question_exam: 

NDA-I

stats: 

0,28,56,18,18,20,28

keywords: 

{'year plan': [0, 0, 1, 8], 'growth': [1, 1, 1, 0], 'principal objectives': [0, 0, 0, 1], 'high growth': [0, 0, 0, 2], 'plan': [2, 0, 1, 10], 'india': [8, 1, 7, 13], 'agriculture': [5, 1, 0, 6], 'manufacturing sectors': [0, 0, 0, 1], 'current account deficit': [0, 0, 0, 4], 'stability': [1, 0, 0, 0], 'improvement': [1, 1, 0, 4], 'eighth': [0, 4, 1, 1]}

Option 1: The statement that the Eighth Five Year Plan was postponed by two years because of political upheavals at the center is correct. This means that the plan was initially intended to start at a certain time but faced a delay due to political disturbances.

Option 2: The statement that the plan aimed at high growth of both agriculture and manufacturing sectors is correct. The Eighth Five Year Plan focused on the development and improvement of both the agricultural and manufacturing sectors in order to achieve overall economic growth.

Option 3: The statement that the plan emphasized growth in export and import, improvement in trade, and current account deficit is correct. The plan aimed at addressing issues related to international trade and aimed to improve the trade balance and reduce the current account deficit.

Option 4: The statement that the plan set before itself the two principal objectives of `growth with stability` and `growth with justice` is incorrect. The Eighth Five Year Plan did not set these objectives for itself. Hence, this option is not correct.

In conclusion, Option 4 is the answer as it does not accurately describe the objectives of the Eighth Five Year Plan.

Practice this on app