Sail E0 Webinar
Question
India’s First Five Year Plan gave priority to
Options:
A .  Trade
B .  Industry
C .  Transportation
D .  Agriculture
Answer: Option D
Answer: (d)
The First Five-Year Plan (1951–1956), based on the Harrod-Domar model, addressed, mainly, the agrarian sector, including investments in dams and irrigation.
The total planned budget of Rs.2069 crore was allocated to seven broad areas:
irrigation and energy (27.2 percent),
agriculture and community development (17.4 percent),
transport and communications (24 percent),
industry (8.4 percent),
social services (16.64 percent),
land rehabilitation (4.1 percent), and
for other sectors and services (2.5 percent).

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers