Multiple choice

Which of the following were the reasons for the failure of the Second Five Year Plan?

  1. Suez crisis
  2. Chinese aggression
  3. Failure of monsoons
  4. Denudation of forex reserves

  1. Only 1, 3 and 4

  2. 1, 2, 3 and 4

  3. Only 2 and 4

  4. Only 1 and 4
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A Correct answer
Explanation

The period of Second Five Year Plan was from 1956 to 1961. The plan failed due to the following reasons:

  1. Suez crisis
  2. Rising inflation
  3. Failure of monsoons
  4. Denudation of forex reserves Chinese aggression was one of the reasons for the failure of the Third Five Year Plan.

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