The second five year plan of India was completed in _____.
Show answer & explanation
Correct answer: B
Explanation
Correct Answer: Option 2 (1961)
Explanation:
India's Second Five-Year Plan ran from 1956 to 1961. This plan was based on the model of the renowned statistician P.C. Mahalanobis, hence it is also called the 'Mahalanobis Plan'. The main objective of this plan was rapid industrialization, with special emphasis on the development of heavy industries and infrastructure.
Additional Facts
Major Steel Plants: During this plan, iron and steel plants were established in Bhilai (with Russian assistance), Rourkela (with German assistance), and Durgapur (with British assistance).
Atomic Energy: During this period, in 1957, the Atomic Energy Commission was established, and Homi J. Bhabha became its first chairman.
Target: This plan targeted a growth rate of 4.5%, while the actual achievement was approximately 4.27%.
Possible questions for the upcoming exam
On which model was the Second Five-Year Plan based?
(Answer: P.C. Mahalanobis model)
With the cooperation of which country was the Rourkela Steel Plant established?
(Answer: Germany)
What was the time period of India's First Five-Year Plan?
(Answer: 1951-1956)