Consider the following statements regarding India's Five-Year Plans: Statement I: The objective of 'Growth with Social Justice & Equality' was introduced in the 10th Five Year Plan. Statement II: The First Five-Year Plan was based on the Harrod-Domar model. Which of the above statements is/are correct?

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Economics · Economy

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Statement I is incorrect, Statement II is correct

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Answer 1

Statement I is correct, Statement II is incorrect

Answer 2

Both statements I and II are incorrect

Answer 3

Both statements I and II are correct

Answer 4

Statement I is incorrect, Statement II is correct

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