Multiple choice

The first five year plan of India was based on

  1. John W. Miller Model

  2. P. C. Mahalanobis Model

  3. Gadgil Yojana

  4. Herrod-Domar Model
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

India's First Five Year Plan (1951-1956) was based on the Harrod-Domar model of economic growth. This model emphasized the importance of capital accumulation and investment in driving economic growth. The Mahalanobis model came later in the Second Five Year Plan.

Keep practicing — related questions