alleryStart learning →In which year was India's First Five-Year Plan launched?
- 1948
- 1951
- 1956
- 1947
Show answer and solution
Correct answer: B. 1951
Planning began in 1951, soon after the Planning Commission was in place, with a plan period of 1951 to 1956.
SSC CGL Economy of India — practice questions
Explore 55 free Economy of India questions in SSC CGL General Awareness. Open each question or exercise to read its content, reference answers and available explanation.
Practise Economy of India with Quill →Economy of India questions and exercises with answers
Showing questions 1–30 of 55.
In which year was India's First Five-Year Plan launched?Read the answer and worked solution →Which model underpinned India's very first plan for development?Read the answer and worked solution →The Second Plan's heavy-industry push relied on which model?Read the answer and worked solution →The Rourkela steel plant of the Second Plan came up with help from which country?Read the answer and worked solution →What was the main thrust of India's Second Five-Year Plan?Read the answer and worked solution →The focus of the Third Plan shifted towards defence after which event?Read the answer and worked solution →The failure of which plan led to the 'plan holidays' of 1966 to 1969?Read the answer and worked solution →How many major banks did the Indira Gandhi government nationalise in 1969?Read the answer and worked solution →How many more banks were nationalised after Indira Gandhi returned to power in 1980?Read the answer and worked solution →The slogan Garibi Hatao is linked to which Five-Year Plan?Read the answer and worked solution →Which government discarded the Fifth Plan in 1978?Read the answer and worked solution →NABARD was set up on the recommendation of which committee?Read the answer and worked solution →Who was India's prime minister during the Seventh Five-Year Plan?Read the answer and worked solution →Which years were treated as Annual Plans instead of a Five-Year Plan?Read the answer and worked solution →India became a member of the World Trade Organization during which plan?Read the answer and worked solution →Who was prime minister when the Eighth Plan launched India's reform drive?Read the answer and worked solution →What annual GDP growth did the Tenth Plan aim to attain?Read the answer and worked solution →What growth rate did the Tenth Plan actually achieve against its target of 8.1%?Read the answer and worked solution →First Plan growth achieved, against a 2.1% target, was?Read the answer and worked solution →Which plan beat its 5.6% growth target by reaching 6.8%?Read the answer and worked solution →Which Soviet leader launched five-year planning in 1928?Read the answer and worked solution →Which body was set up to fund higher education by the end of the First Plan?Read the answer and worked solution →Which economist criticised Second Plan deficit financing for heavy industry?Read the answer and worked solution →Which scheme for dry regions was launched in the Fourth Plan?Read the answer and worked solution →Which Fifth Plan programme targeted basic minimum needs?Read the answer and worked solution →Which government introduced the Rolling Plan of 1978 to 1980?Read the answer and worked solution →Which party, founded in 1959 by C Rajagopalachari, opposed economic planning?Read the answer and worked solution →Which 1955 Congress resolution aimed at a socialistic pattern of society?Read the answer and worked solution →Which leader introduced the New Computer Policy in 1984?Read the answer and worked solution →Which car maker's entry marked opening of autos to the private sector in the 1980s?Read the answer and worked solution →
Worked practice questions
Which model underpinned India's very first plan for development?
- Harrod–Domar model
- Mahalanobis model
- Gadgil formula
- Feldman model
Show answer and solution
Correct answer: A. Harrod–Domar model
The opening plan used the Harrod–Domar model with a few modifications, linking growth to savings and investment.
The Second Plan's heavy-industry push relied on which model?
- Harrod–Domar model
- Gadgil formula
- Mahalanobis model
- Rolling model
Show answer and solution
Correct answer: C. Mahalanobis model
The statistician Prasanta Chandra Mahalanobis designed the model that stressed heavy industry in the Second Plan.
How to practise
- Choose a Economy of India question and try to work out your answer.
- Open the question to check the correct answer and read its worked solution.
- Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.