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Option 4 : 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'.
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