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NDA 2016 GAT · General Knowledge · Indian Economy · easy

The Second Five Year Plan, based on the Mahalanobis model, stressed mainly on

Single correct option

The Second Five Year Plan, based on the Mahalanobis model, stressed mainly on
  1. A. Agricultural growth with community development
  2. B. Poverty removal by direct employment
  3. C. Export promotion with liberalised imports
  4. D. Rapid industrialisation with emphasis on heavy industries
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Answer: (D) Rapid industrialisation with emphasis on heavy industries

The Second Plan (1956 to 1961) placed the main investment in basic and capital goods industries, such as steel plants at Bhilai, Rourkela and Durgapur. The First Plan stressed agriculture, and the Fifth Plan, not the Second, emphasised removal of poverty. Export-led liberalisation came only after 1991.
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