Answer: Option B. -> P.C. Mahalnobis Model
Answer: (b)
The second five-year plan was based on P.C. Mahalanobis Model.
The Mahalanobis model is a Neo-Marxist model of economic development, created by statistician Prasanta Chandra Mahalanobis in 953.
Mahalanobis became essentially the key economist of India’s Second Five Year Plan.

Answer: Option A. -> NABARD
Answer: (a)
The rural infrastructure fund was set up by the Government in 1995–96 for financing ongoing rural Infrastructure projects.
The Fund is maintained by the National Bank for Agriculture and Rural Development (NABARD).
Domestic commercial banks contribute to the fund to the extent of their shortfall in stipulated priority sector lending to agriculture.

Answer: Option C. -> Eighth Plan
Answer: (c)

Answer: Option B. -> Third Five Year Plan
Answer: (b)
The main objective of the third five-year plan was to make the economy self-dependent. The Third Five-year Plan stressed agriculture and improvement in the production of wheat so as to be self-sufficient.
Thus during the planned period, the high yielding varieties programme (HYVP) was started in India to increase the yield of crops.

Answer: Option C. -> Specialisation increases
Answer: (c)
When economic development takes place, specialisation increases. Economic development typically involves improvements in a variety of indicators such as literacy rates, life expectancy, and poverty rates.
GDP does not take into account other aspects such as leisure time, environmental quality, freedom, or social justice; alternative measures of economic well-being have been proposed.
Essentially, a country’s economic development is related to its human development, which encompasses, among other things, health and education.
These factors are, however, closely related to economic growth so that development and growth often go together.

Answer: Option B. -> Swadhar
Answer: (b)

Answer: Option B. -> Both 1 and 2
Answer: (b)
The Second Five Year Plan heralded in a true sense the Socialist Project of the then Prime Minister, Jawaharlal Nehru.
The economic policies of Nehru were heavily influenced by the erstwhile Union of Soviet Socialist Republics (USSR) which had followed the path of speedy industrialisation to expand the manufacturing base of its economy.
The Second Five year Plan focused mainly on heavy industry as against the First Plan which was essentially an agricultural plan.
This was done to boost domestic production and manufacturing of goods. The third plan aimed to achieve self-sufficiency in foodgrains and to increase agricultural production to meet the requirements of industry and exports.

Answer: Option D. -> Sixth Plan
Answer: (d)

Answer: Option A. -> Fifth plan
Answer: (a)
The slogan of ‘poverty abolition’ was given by Indira Gandhi in 1971 and it was implemented during the Fifth Five Year Plan 1974–79.
Gandhi promised to reduce poverty by targeting the consumption levels of the poor and enact wide-ranging social and economic reforms.

Answer: Option A. -> contributions made ‘directly or indirectly’ to any political party.
Answer: (a)