Economics · Five-Year Plans of India
Consider the historical estimates regarding unemployment at the end of the early Five Year Plans in India: a. At the end of the First Five Year Plan, the backlog of unemployment was estimated around 2.9% to 3% of the working-age population. b. The estimated unemployment situation increased further at the end of the Second Five Year Plan. c. The backlog of unemployed individuals rose significantly by the completion of the Third Five Year Plan. Based on planning commission reports, which of the statements general trends are factually correct?
- 1a, b and c✓
- 2a and c
- 3b and c
- 4a and b
Correct answer
a, b and c
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