Question

In which of the five year plan in India, the concept of Financial Inclusion was included for the first time?

• A. 8th Five Year Plan
• B. 9th Five Year Plan
• C. 10th Five Year Plan
• D. 11th Five Year Plan

Answer 1

Answer:

D. 11th Five Year Plan

The 11th Five Year Plan was implemented from 2007-2012, when Manmohan Sigh was India’s Prime Minister. The main slogan for the 11th FYP was “Faster and more inclusive growth”. The 11th FYP made special emphasis on Financial Inclusion, poverty reduction, empowerment through education and skill development etc.