Which among the following statements with regard to Five Year Plans in India is/are correct? 1. The First and Ninth five year plans accorded high priority to agriculture 2. The Third Plan was based on the Harrod-Domar Model 3. Seventh Plan focused on food, work and productivity 4. The Ninth five year plan emphasized on massive investments in public sector Select the answer using the code given below:
- A. 1 only
- B. 1 and 3 ✓
- C. 3 and 4
- D. 1, 2 and 4
Correct Answer: B. 1 and 3
Explanation
The First Five Year Plan was based on the Harrod-Domar model and prioritized agriculture, while the Seventh Plan focused on food, work, and productivity.
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