Concept:
The Fifth Five Year Plan (1974--1979) was launched with the primary objective of “Garibi Hatao” (Removal of Poverty) and achieving self-reliance. The slogan was popularized by Prime Minister Indira Gandhi, emphasizing poverty alleviation through employment generation, rural development, and redistribution of income.
The major objectives of the Fifth Five Year Plan were:
• Removal of poverty (Garibi Hatao)
• Self-reliance
• Employment generation
• Reduction of economic inequalities
Step 1: Recall the Five Year Plan associated with the slogan “Garibi Hatao”.
The slogan “Garibi Hatao” became the central objective of the Fifth Five Year Plan (1974--1979).
\[
\boxed{\text{Fifth Five Year Plan} \Longrightarrow \text{Garibi Hatao}}
\]
Step 2: Examine the given options.
• Second Five Year Plan -- Focused on rapid industrialization and the Mahalanobis strategy.
• Fifth Five Year Plan -- Focused on poverty eradication and self-reliance.
• Seventh Five Year Plan -- Focused on productivity, employment, and food security.
• Twelfth Five Year Plan -- Focused on faster, sustainable, and more inclusive growth.
Hence,
\[
\boxed{\text{(B) Fifth Five Year Plan}}
\]