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NDA 2 2024 GAT, question 76

Topic: Economy

Q76

Which among the following statements with regard to Five Year Plans in India is/are correct ?

  1. The First and Ninth five year plans accorded high priority to agriculture

  2. The Third Plan was based on the Harrod-Domar Model

  3. Seventh Plan focused on food, work and productivity

  4. The Ninth five year plan emphasized on massive investments in public sector

Select the answer using the code given below :

  1. (a) 1 only
  2. (b) 1 and 3Correct answer
  3. (c) 3 and 4
  4. (d) 1, 2 and 4

Solution.

Answer: (b) 1 and 3

  1. The First Plan emphasised agriculture; the Ninth Plan also prioritised agriculture and rural development.
  2. The Seventh Plan focused on food, work and productivity, confirming statement 3.
  3. The Harrod–Domar framework is associated with the First Plan, not the Third.
  4. The heavy public-sector industrial emphasis is characteristic of the Second Plan, so statements 1 and 3 are the correct pair.