During which Five-Year Plan was the Industrial Policy Resolution of 1956, which established a 'socialistic pattern of society', implemented?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. Second Plan.
The Industrial Policy Resolution of 1956, which laid the foundation for a socialistic pattern of society, was implemented during the Second Five-Year Plan (1956–1961). This plan focused on rapid industrialization, especially the development of heavy industries and the public sector.
The others options:
The First Plan (1951–56) emphasized agriculture and irrigation. The Fourth Plan (1969–74) aimed at stability and progress with growth and distributive justice. The Fifth Plan (1974–79) focused on poverty removal and self-reliance.