Which of the following statements is true?
i. The First Five-Year Plan was based on the PC Mahalanobi model
ii. The First Five-Year Plan laid emphasis on agriculture development
iii. The Five-Year planning model in India was borrowed from Russia.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Only ii and iii.
The true statements are ii and iii. The First Five-Year Plan emphasized agricultural development and the planning model in India was indeed borrowed from Russia. However, it was not specifically based on the PC Mahalanobis model, which influenced later plans.