The period of the first five-year plan was between__________.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 1951-1956.
- The period of the first five-year plan was between 1951-1956.
- The plan primarily focused on agriculture, energy, and social services.
- It was based on the Harrod-Domar model.
- The targeted growth rate of the first five-year plan was 2.1%, whereas its achieved growth rate was 3.6%.
- The Bhakra-Nangal and Hirakud dam projects were initiated in this five-year plan.