Economics · Five Year Plans
During the Fourth Five Year Plan of India (1969-1974), the main emphasis was placed on improving overall economic stability. Given the following statements, identify which one correctly reflects a key focus of this plan:
- 1Growth targets were set with a focus on agriculture and the industrial sector, aiming to stabilize prices and correct the imbalances caused by previous plans.✓
- 2Priority was given to strengthening the defense sector through increased allocation of resources.
- 3There was a significant emphasis on expanding nuclear energy capabilities to reduce dependence on traditional energy sources.
- 4Major investments were directed towards the technology industry to foster innovation.
Correct answer
Growth targets were set with a focus on agriculture and the industrial sector, aiming to stabilize prices and correct the imbalances caused by previous plans.
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