Bissoy.com
Doctors Medicines MCQs Q&A

Consider the following pairs.  I. First Five Year Plan: GDP Growth of 3.6%  II. Second Five Year Plan: Steel Plant at Rourkela  III. Fifth Five Year Plan: Garibi Hatao Plan  Which among the above is/are correct?

Consider the following pairs.  I. First Five Year Plan: GDP Growth of 3.6%  II. Second Five Year Plan: Steel Plant at Rourkela  III. Fifth Five Year Plan: Garibi Hatao Plan  Which among the above is/are correct? Correct Answer All I, II and III 

The correct answer is Option 4, i.e All I, II and III.

  • The First Five Year Plan (1951-56) was based on the Harold-Domar Model and it achieved GDP growth of 3.6% against the target of 2.1%. 
  • The Second Five Year Plan (1956-61) was based on PC Mahalanobis Model and it mainly focused on industrialization in India (Steel plants at Rourkela, Bhilai, Durgapur were set up during this FYP). 
  • The Fifth Five Year Plan (1969-74) focused on growth and self-reliance with the main idea of 'Garibi Hatao'. 

Related Questions

The slogan 'Garibi Hatao' or 'Garibi Unmulan' was given in which five year plan?
Consider the following statements about the GDP Deflator. 1. GDP deflator is the ratio of nominal GDP to real GDP. 2. GDP deflator indicates the change in the price level between the base year and the current year. 3. While calculating GDP deflator, the volume of production is considered as fixed. Which of statements given above is/are correct?
Consider the following statements about the Rourkela Steel Plant
1. It is the first integrated steel plant in the Public Sector in India.
2. The plant has a capacity to produce 1.9 million tonnes of crude steel.
Which of the above statements is/are correct?
“Growth with justice” and “Garibi Hatao” were the main objectives of which Five-Year Plan?
In each question below is given a statement numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: The June 2018 quarter results of Infosys reflect that the investors waiting for the company to perform as good, if not better, than its largest peer Tata Consultancy Services (TCS) may have to wait a little longer. Infosys, the country’s second-largest software exporter reported slower sequential growth in revenue and profit than TCS for the June quarter (Q1). It also lagged on the fronts of employee attrition and growth in the banking, financial services, and insurance (BFSI) vertical.  Assumptions: I. On the positive side, Infosys continued to add large clients – four in the above $100-million billing category compared with the previous quarter. It continued to retain guidance of 6-8% revenue growth for FY19 while retaining the operating margin band of 22-24%. II. In the near term, the stock performance of TCS is likely to overshadow Infosys given the difference in their growth trajectories. III. The growth momentum of Infosys has slowed relative to TCS. The year-on-year growth in trailing 12-month (TTM) revenue of Infosys in each of the four quarters up to the June 2018 quarter has lagged TCS after leading in the previous five quarters.
With reference to India's Five-Year Plans, which of the following statements is/are correct? 1. From the Second Five-Year Plan, there was a determined thrust towards substitution of basic and capital good industries. 2. The Fourth Five-Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power. 3. In the Fifth Five-Year Plan, for the first time, the financial sector was included as an integral part of the plan. Select the correct answer using the code given below.
The slogan ‘Garibi Hatao’ Was a part of which five year plan?
"Garibi Hatao" was introduced during which Five Year Plan?
Which among the following is an incorrect pair? Five Year Plan                                  Model I. First Five Year Plan                 P.C. Mahalanobis Model II. Second Five Year Plan           Harrod Domar Model III. Third Five Year Plan              Gadgil Plan
Garibi Hatao (removal of poverty) and Growth with Justice were the main objectives of ___________.