History · Economic Planning in India
Which of the following statements is NOT correct about the Second Five Year Plan of India?
- 1It was based on the economic development model formulated by PC Mahalanobis.
- 2The official operational period of this plan was 1956–1961.
- 3This plan focused heavily on the rapid industrialization of India.
- 4It was based on a 3-sector model instead of the standard Mahalanobis 2-sector and 4-sector models.✓
Correct answer
It was based on a 3-sector model instead of the standard Mahalanobis 2-sector and 4-sector models.
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