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प्रश्न
Statement 1: First Five Year Plan of China commenced in the Year 1956.
Statement 2: Both India and China adopted Socialist Economy model, following USSR.
In the light of the given statements, choose the correct alternative:
विकल्प
Statement 1 is true and Statement 2 is false.
Statement 1 is false and Statement 2 is true.
Both Statements 1 and 2 are true.
Both Statements 1 and 2 are false.
उत्तर
Statement 1 is false and Statement 2 is true.
Explanation:
China's first five-year plan began in 1953. China and India both accepted the USSR's socialist economic model.
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संबंधित प्रश्न
Define a plan.
Why should plans have goals?
Explain ‘growth with equity’ as a planning objective.
The economy of India is based on planning through the ______ Year Plan develop executed and monitored by the Planning Commission.
First time the objective of self-reliance was incorporated in the ______ Five year plan.
Who presented the first five year plan?
Agriculture education, health and infrastructure were the priority areas in which five year plan?
Read the following statements - Assertion (A) and Reason (R):
Assertion (A) - The goal of equitable distribution of land was fully served by the abolition of intermediaries, in post-independence India.
Reason(R) - Big landlords challenged the land ceiling legislation, delaying the implementation and subsequently escaping from the legislation.
From the given alternatives choose the correct one:
Read the following hypothetical text and answer the given questions:
The performance of Indian economy during the period of first seven five year plans (1950-1990) was satisfactory if not very impressive. On the eve of independence, India was an industrially backward country, but during this period of first seven plans our industries became far more diversified, with the stress being laid on the public investments in the industrial sector. The policy of import substitution led to protection of the domestic industries against the foreign producers but we failed to promote a strong export surplus. Although public sector expanded to a large extent but it could not bring desired level of improvement in the secondary sector. Excessive government regulations prevented the natural trajectory of growth of entrepreneurship as there was no competition, no innovation and no modernization on the front of the industrial sector. Many Public Sector Undertakings (PSU’s) incurred huge losses due to operational inefficiencies, red-tapism, poor technology and other similar reasons. These PSU’s continued to function because it was difficult to close a government undertaking even it is a drain on country’s limited resources. On the Agricultural front, due to the measures taken under the Green Revolution, India more or less became self-sufficient in the production of food grains. So the needs for reform of economic policy was widely felt in the context of changing global economic scenario to achieve desired growth in the country.
Inward looking trade strategy aimed at ______.
______ refers to the annual percentage increase in real national income during that period.
What are the important aspects of India's five-year plans?
During the period of planning the average growth rate of agricultural produce was ______
Which Five Year Plan recognised the importance of human capital?
SHG's ______
______ is defined as an economic phenomenon in which an economy experiences growth while maintaining or decreasing its level of employment.
The first Five Year Plan of ______ commenced in the year 1956.
______ is known as the architect of Indian Planning.
