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True or false: five year plans

Exercise and reference answers

Questions
  1. Statement is true
    Yes
    Statement
    Each plan covered five years.
  2. Statement is true
    Yes
    Statement
    The idea was borrowed from the former Soviet Union.
  3. Statement is true
    Yes
    Statement
    Plan documents specified objectives to be attained.
  4. Statement is true
    No
    Statement
    The five year plans stood alone with no longer horizon.
  5. Statement is true
    Yes
    Statement
    A longer horizon plan is called a perspective plan.

Explanation

The structure of Indian planning. Source: syllabus Indian Economic Development, Ch 2.
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