SSC CHSL 2025 PYQ — Question 95

The correct answer is Option 2: The Second (Second Five-Year Plan).
Explanation:

• India's Second Five-Year Plan (1956–1961) officially aimed to establish a 'Socialistic Pattern of Society.'
• Concept: In December 1954, Parliament accepted the 'Socialistic Pattern of Society' as the objective of economic policy. This implied that the primary goal of development would be social welfare rather than merely private profit, and that society (the government) would exercise control over the key means of production.
• Mahalanobis Model: This plan was based on a model formulated by the renowned statistician P.C. Mahalanobis.
• Industrialization: This plan placed special emphasis on the development of 'heavy industries' (such as iron and steel plants) to achieve self-reliance. The Bhilai, Durgapur, and Rourkela steel plants were established during this period.

Brief Introduction to Other Plans:

• First Plan (1951–56): Primarily focused on agricultural development. It was based on the Harrod-Domar model.
• Tenth Plan (2002–07): Its objective was to double per capita income over the next 10 years and reduce poverty.
• Eleventh Plan (2007–12): Its main slogan was 'Faster and more inclusive growth.'

Additional Facts:
Industrial Policy Resolution, 1956: This resolution was introduced alongside the Second Plan and placed the Public Sector at the 'commanding heights' of the economy.
NITI Aayog: The tradition of Five-Year Plans has now come to an end. Since January 1, 2015, NITI Aayog has been functioning as the successor to the Planning Commission.
Potential Questions for Upcoming Exams:
Question: Which Five-Year Plan is also known as the 'Mahalanobis Plan'?
Answer: The Second Five-Year Plan.
Question: During which plan period were the Rourkela and Bhilai steel plants established? Answer: Second Five-Year Plan.
Question: On which model was India's first Five-Year Plan based?
Answer: Harrod-Domar Model.