Multiple choice

For attaining 9% growth rate during 11th plan, investment level has been estimated to be

  1. 20% of GDP

  2. 25% of GDP

  3. 30% of GDP

  4. 35% of GDP

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Eleventh Five Year Plan aimed for an average growth rate of 9 percent. To sustain this, the Planning Commission estimated that the investment rate needed to reach 35 percent of the GDP. This was a significant increase from previous plan periods and required high levels of domestic savings and foreign investment.