Multiple choice

India adopted the 'indicative model of planning' from

  1. 7th Five Year Plan onwards

  2. 8th Five Year Plan onwards

  3. 9th Five Year Plan onwards

  4. 5th Five Year Plan onwards
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India adopted the indicative planning model from the 8th Five Year Plan (1992-97) onwards. Indicative planning is more flexible than imperative planning, where the government sets targets and provides guidance rather than mandating production quotas and resource allocation. This shift was part of India's broader economic liberalization in 1991, moving away from the command economy approach towards market-oriented planning.

Keep practicing — related questions