P

Praveen Singh • 36.81K Points
Coach Economic

Q. The concept of five year plans in India was introduced by

  • (A) Lord Mountbatten
  • (B) Jawahar lal nehrut
  • (C) Indira Gandhi
  • (D) Lal Bahadur Shastri
  • Correct Answer - Option(B)
  • Views: 1108
  • Filed under category Economic
Explanation by: Official MCQ Buddy

The concept of Five-Year Plans in India was introduced by Jawaharlal Nehru in 1951 based on the model of the Soviet Union. The First Five-Year Plan (1951-1956) focused on agricultural development, irrigation, and industrial growth. The Planning Commission was responsible for formulating and implementing these plans.

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