Question

The main focus of the First Five-Year Plan was on the _______.
1. service sector
2. agricultural and industrial sector
3. agricultural sector
4. industrial sector

Answer 1

Correct Answer - Option 3 : agricultural sector

The correct answer is agricultural sector.

• The First Five Year Plan in India was active between 1951 and 1956.
• The plan was based on the Harrod-Domar model.
• This plan gave priority to the agricultural sector of the country.
• The First Five Year Plan was presented before the parliament by Jawaharlal Nehru.
• Gulzarilal Nanda was the vice-president of the First Five Year Plan.
• Economist K N Raj is known as the architect of this plan.
• It was quasi-successful for the government.
• The target growth rate of the First Five Year Plan was 2.1% annual gross domestic product (GDP) growth.

• The second Five Year Plan gave priority to the Industrial development of the country.

• The fifth Five Year Plan gave priority to agriculture, industry, and mines.

• The eighth Five Year Plan gave priority to the development of human resources(Human Model).