Multiple choice

Arrange the option having the right chronological order. (i) Introduction of Rolling Plan (ii) The movement from Planning to Market mechanism (iii) Feldman-Mahalanobis Model (iv) Declaration of Plan holiday

  1. (i) (iii) (iv) (ii)

  2. (ii) (iv) (i) (iii)

  3. (iii) (iv) (i) (ii)

  4. (i) (iii) (ii) (iv)
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C Correct answer
Explanation

The chronological order follows the development of Indian planning: Feldman-Mahalanobis Model formed the basis of Second Five Year Plan (1950s), Plan Holiday was declared during 1966-69, Rolling Plan was introduced in 1978-80, and the shift to market mechanism began with 1991 economic reforms.

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