Question

First five year plan of independent India.
(A) It addressed the agravian sector
(B) Investment in dams and irrigation facilities were given priority
(C) planners wanted to raise the national income through rapid industrisation
(D) It was formalised by PC Mahala Nobis
(E) It focused on land reforms in agricultural sector

• A. (A), (C), (D) Only
• B. (B), (C), (E) Only
• C. (A), (C), (E) Only
• D. (A), (B), (E) Only

Answer 1

The Correct Option is D

The correct answer is (D): (A), (B), (E) Only

The First Five Year Plan (1951-56) sought to get the country's economy out of the cycle of poverty. The First Five Year Plan addressed, mainly,  the agrarian sector including investment in dams and irrigation. The Plan identified the pattern of land distribution in the country as the principal obstacle in the way of agricultural growth. It focused on land reforms as the key to the country’s development. One of the basic aims of the planners was to raise the level of national income, which could be possible only if the people saved more money than they spent.