{"id":1734,"date":"2024-03-29T14:04:26","date_gmt":"2024-03-29T08:34:26","guid":{"rendered":"https:\/\/lotusarise.com\/qna\/?p=1734"},"modified":"2024-04-03T07:14:38","modified_gmt":"2024-04-03T01:44:38","slug":"q-with-reference-to-indias-five-year-plans-which-of-the-following-statements-is-are-correct","status":"publish","type":"post","link":"https:\/\/lotusarise.com\/qna\/upsc\/q-with-reference-to-indias-five-year-plans-which-of-the-following-statements-is-are-correct","title":{"rendered":"Q. With reference to India\u2019s Five-Year Plans, which of the following statements is\/are correct?"},"content":{"rendered":"\n<ol class=\"wp-block-list\">\n<li>From the Second Five-Year Plan, there was a determined thrust towards substitution of basic and capital good industries.<\/li>\n\n\n\n<li>The Fourth Five-Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power.<\/li>\n\n\n\n<li>In the Fifth Five-Year Plan,&nbsp;<strong>for the first time<\/strong>, the financial sector was included as an integral part of the Plan.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Select the correct answer using the code given below:<\/p>\n\n\n\n<ul class=\"mcq wp-block-list\">\n<li>1 and 2 only<\/li>\n\n\n\n<li>2 only<\/li>\n\n\n\n<li>3 only<\/li>\n\n\n\n<li>1, 2 and 3<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Answer: (a) 1 and 2 only<\/strong><\/p>\n<\/blockquote>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"notes-hd-66066c5d668d1\">Notes:<\/h5>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The stated objective of the Second five-year plan was&nbsp;<strong>rapid industrialisation with particular emphasis on the development of basic and heavy industries<\/strong>&nbsp;\u2013 aimed at establishing the Socialistic Pattern of Society.<\/li>\n\n\n\n<li>The fourth five-year plan emphasised the&nbsp;<strong>reduction of the concentration of incomes, wealth and economic power to achieve social equality and justice.<\/strong><\/li>\n\n\n\n<li>The fifth five-year plan aims at the<strong>&nbsp;removal of poverty and the achievement of self-reliance<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h6 class=\"wp-block-heading\" id=\"fifth-five-year-plan\"><strong>Fifth Five Year Plan:<\/strong><\/h6>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>I<\/strong>ts duration was&nbsp;<strong>1974 to 1978.<\/strong><\/li>\n\n\n\n<li>This plan focused on&nbsp;<strong>Garibi Hatao, employment, justice, agricultural production and defence.<\/strong><\/li>\n\n\n\n<li>The Electricity Supply Act was amended in 1975, the&nbsp;<strong>Twenty-point programme<\/strong>&nbsp;was launched in 1975, the&nbsp;<strong>Minimum Needs Programme (MNP)<\/strong>&nbsp;and the&nbsp;<strong>Indian National Highway System<\/strong>&nbsp;was introduced.&nbsp;<\/li>\n\n\n\n<li>Overall this plan was successful which achieved a&nbsp;<strong>growth of 4.8% against the target of 4.4%.<\/strong><\/li>\n\n\n\n<li>This plan was&nbsp;<strong>terminated in 1978&nbsp;<\/strong>by the newly elected Morarji Desai government.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read here:<\/strong>&nbsp;<a href=\"https:\/\/lotusarise.com\/five-year-plans-in-india-upsc\/\">List of all Five Year Plans in India<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Select the correct answer using the code given below: Answer: (a) 1 and 2 only Notes: Fifth Five Year Plan: Read here:&nbsp;List of all Five Year Plans in India<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[1,3],"tags":[38],"years":[54],"class_list":["post-1734","post","type-post","status-publish","format-standard","hentry","category-upsc","category-prelims","tag-indian-economy","years-54"],"acf":[],"taxonomy_info":{"category":[{"value":1,"label":"UPSC"},{"value":3,"label":"Prelims"}],"post_tag":[{"value":38,"label":"Indian 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