Question

The First Five Year Plan of India was based on

Options

• John W Miller Model

• PC Mahalanobis Model

• Gadgil Yojana

• Herrod-Domar Model

Answer 1

The First Five Year Plan of India was based on Herrod-Domar Model

Explanation:

The first Indian Prime Minister, Jawaharlal Nehru presented the First Five-Year Plan to the Parliament of  India and needed urgent attention. The First Five-year  Plan was launched in 1951 which mainly focused on the development of the primary sector. The First Five-Year  Plan was based on the Harrod-Domar model with few modifications.