Question

The Five Year Plans in India were influenced by the model of which country ?

• A. United States
• B. Germany
• C. Soviet Union
• D. Japan

Answer 1

Answer:

C. Soviet Union

PLANNING COMMISSION

• Planning is essential for economic progress. Judicious use of resources is possible through planning. The aim of planning is development.
  

• The Planning Commission was responsible for planning in India. The Five Year Plans have influenced Indian economic growth. We adopted the National Planning Model of the erstwhile Soviet Union as a model.
  

• The aim of the Five Year Plans was to identify and prioritise certain sectors to attain the given targets