SSC Stenographer 2022 PYQ — Question 116

SSC Stenographer - 18 Nov 2022 - Shift 1 • General Awareness • Q116

Which Five-Year Plan’s realised growth rate was more than the target growth rate?

Show answer & explanation

Correct answer: C

Explanation

 The correct answer is option 3 i.e. 1st

  • During India's planning era, the Five-Year Plan was the first one in which the realized growth rate exceeded the target growth rate.
  • The plan had set a target growth rate of 4.5% for the country's GDP, but it actually achieved a growth rate of 4.27%.
  • This was a significant achievement as it marked the beginning of India's successful efforts in economic planning and development.
  • The plan focused on the industrialization of the country and laid the foundation for many key industries, infrastructure projects, and technological advancements, contributing to India's economic growth and development in the years to come.