Multiple choice

The aim of which Five Year Plan was to correct the disequilibrium in the economy?

  1. First Five year plan

  2. Second Five year plan

  3. Third Five year plan

  4. Fourth five year plan
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A Correct answer
Explanation

The First Five Year Plan (1951-1956) primarily focused on agricultural development, price stability, and correcting the post-independence economic disequilibrium including disruptions from partition and refugee rehabilitation. The First Plan emphasized rebuilding rather than industrialization.

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