Which one of the following statements is NOT correct about the first two Five Year Plans?
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A simple way to remember: First Five Year Plan focused on agriculture and rural development, while the Second Five Year Plan emphasized heavy industries and industrial growth.
The first Five Year Plan was drafted by K.N. Raj and the second Five Year Plan was drafted by P.C. Mahalanobis.
The first Five Year Plan focused on agriculture and the second Five Year Plan focused on industries.
The first Five Year Plan emphasized the active role of the public sector and the second Five Year Plan made industrialization for large scale projects.
The aim of first Five Year Plan was to raise industrial production and in the second Five Year Plan, the government imposed tariffs on imports to protect industries.
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The Correct Option isD
Solution and Explanation
Step 1: Recall facts
The First Five Year Plan (1951–56) mainly focused on agriculture, irrigation, and rural development.
The Second Five Year Plan (1956–61) emphasized rapid industrialization based on the Mahalanobis model.
Step 2: Evaluate options
(A) Correct ✔ — The first plan was drafted by K.N. Raj and the second by P.C. Mahalanobis.
(B) Correct ✔ — The first plan emphasized agriculture, while the second focused on industries.
(C) Correct ✔ — Public sector expansion and large-scale industrialization were key elements of the second plan.
(D) Incorrect ✘ — It wrongly states that the first plan focused on raising industrial production.
Final Answer:(D)
