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Q64
(CDS-I/2004)
Economy › Growth, Development, Poverty & Employment › Economic planning India
Answer Verified
Given below are the main objectives of some Five Year Plans. Arrange them in proper chronological order of these plans: I. Minimum Needs Programme. II. Restructuring of Economy III. Basic Industries,
Result
Your answer:
—
·
Correct:
B
Explanation
The correct answer is Option 2 (II, III, I) based on the chronological introduction of these objectives in India's Five-Year Plans:
- II. Restructuring of Economy: This was the primary focus of the First Five-Year Plan (1951-56). Following Partition and WWII, the priority was to correct imbalances, ensure food security, and reconstruct the war-torn economy.
- III. Basic Industries: The Second Five-Year Plan (1956-61), based on the Mahalanobis Model, shifted focus toward rapid industrialization with an emphasis on "basic and heavy industries" like steel and chemicals.
- I. Minimum Needs Programme (MNP): This was introduced during the Fifth Five-Year Plan (1974-79). It aimed to provide certain basic minimum services (rural health, water, education) to improve the living standards of the poor.
Therefore, the correct chronological sequence is the First Plan (II), followed by the Second Plan (III), and finally the Fifth Plan (I).
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