Economics · Economy
Consider the following statements regarding economic planning history in India: Statement A: The failure of the Third Five-Year Plan, along with the devaluation of the rupee and an inflationary recession, led to the postponement of the Fourth Five-Year Plan. Statement B: Three Annual Plans (often called Plan Holidays) were introduced instead of the Fifth Five-Year Plan. Which of the following options is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both A and B are true
- 2Only A is true✓
- 3Neither A nor B is true
- 4Only B is true
Correct answer
Only A is true
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