Multiple choice

Which of the following statements is incorrect in relation to the Second Five Year Plan?

  1. The plan was the product of P. C. Mahalanobis’s work.

  2. It tried to implement the elements of British socialism and combine them with the tenets of Mahatma Gandhi.

  3. The large enterprises in seventeen industries were nationalised during this plan.

  4. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

India’s Second Five-Year Plan (1956-61):- The second plan was to set India on the path of industrialization. P.C. Mahalanobis was the moving spirit behind the second five year plan. He gave the highest priority to strengthening the industrial base of the economy. It was in this light that the 1948 Industrial Policy Resolution was revised and the new resolution of 1956 was adopted. There was emphasis on the expansion of the public sector and establishment of a socialistic pattern of society.

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