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India Cluster84 Verified Questions
Five Year Plans & NITI Aayog GK Questions & Answers
Economic planning in post-independence India commenced with the establishment of the Planning Commission on March 15, 1950, spearheaded by Prime Minister Jawaharlal Nehru. Formulating twelve Five Year Plans (1951–2017), the framework navigated pivotal economic models, starting with the agriculture-focused Harrod-Domar model (First Plan, 1951–56) and the rapid industrialization Mahalanobis model (Second Plan, 1956–61). Following historic economic disruptions and the 1991 structural reforms, the Planning Commission was superseded on January 1, 2015 by the National Institution for Transforming India (NITI Aayog). Operating as a premier policy think tank, NITI Aayog promotes cooperative federalism through its Governing Council, replacing top-down directives with strategic 15-year Vision documents and dynamic initiatives like the Atal Innovation Mission.
High-yield conceptual summaries for competitive exams and rapid revision.
The First Five Year Plan (1951–56) was based on the Harrod-Domar model, prioritizing agricultural development and irrigation projects.
The Second Five Year Plan (1956–61), known as the Mahalanobis Plan, focused on heavy industries, steel plants, and capital goods.
The Planning Commission was established in March 1950 as a non-constitutional, extra-statutory advisory body.
NITI Aayog was established on January 1, 2015, headed by the Prime Minister as ex-officio Chairperson.
The Twelfth Five Year Plan (2012–17) with the theme "Faster, Sustainable and More Inclusive Growth" was India’s final Five Year Plan.
Showing 25 Curated Questions84 Total in Bank
1ID: GK-TRIBE-00082
mediumFifth & Sixth Schedules, PESA & FRA 2006
The Tribal Sub-Plan (TSP) strategy—now renamed as the Development Action Plan for Scheduled Tribes (DAPST)—was first conceptualized and introduced in 1974 during which Five Year Plan based on an expert committee headed by Prof. S. C. Dube?
Verified Explanation
The Tribal Sub-Plan (TSP) strategy was formulated during the Fifth Five Year Plan (1974–1979) following the recommendations of an expert committee chaired by eminent anthropologist Prof. S. C. Dube. It mandates earmarked budgetary allocations across central ministries proportional to the national tribal population.
2ID: GK-ECON-00493
mediumPlanning & GDP
The concept of 'Inclusive Growth' was formally adopted as the overarching goal during which Five-Year Plan of India?
Verified Explanation
The Eleventh Five-Year Plan (2007–12) had the core theme 'Towards Faster and More Inclusive Growth', succeeded by the 12th Plan theme 'Faster, More Inclusive and Sustainable Growth'.
3ID: GK-ECON-00539
easyPlanning & GDP
The First Five-Year Plan of India (1951–1956) was based on which economic growth model?
Verified Explanation
The First Five-Year Plan was framed based on the Harrod-Domar growth model with a primary focus on agriculture, irrigation, and power projects.
4ID: GK-ECON-00552
mediumPlanning & GDP
Which Five-Year Plan in India was terminated one year ahead of its schedule in 1978 by the Janata Party government?
Verified Explanation
The Fifth Five-Year Plan (originally scheduled for 1974–1979) was terminated in 1978 by the Morarji Desai government and replaced with a Rolling Plan.
5ID: GK-ECON-00597
easyPlanning & GDP
India's First Five-Year Plan (1951–1956), which concentrated heavily on agrarian development and irrigation dams, was based on which economic growth model?
Verified Explanation
The First Five-Year Plan was drafted based on the Harrod-Domar economic growth model, emphasizing capital accumulation, savings rate expansion, and agricultural revitalization.
6ID: GK-ECON-00604
easyPlanning & GDP
The Second Five-Year Plan (1956–1961), which prioritized rapid industrialization and heavy capital goods industries, was formulated by which renowned statistician?
Verified Explanation
Professor P.C. Mahalanobis formulated the Second Five-Year Plan's two-sector and four-sector growth model emphasizing basic and heavy machine-building industries.
7ID: GK-ECON-00157
easyPlanning & GDP
Which Indian statistician and economist formulated the foundational strategy for India's Second Five-Year Plan (1956–1961) focusing on rapid heavy industrialization?
Verified Explanation
Prasanta Chandra Mahalanobis developed the Nehru-Mahalanobis two-sector model that directed India's Second Five Year Plan toward basic and heavy capital goods industries.
8ID: GK-ECON-00472
easyPlanning & GDP
Which economic growth model served as the foundational blueprint for India's First Five-Year Plan (1951–1956)?
Verified Explanation
The First Five-Year Plan was based on the Harrod-Domar model, emphasizing agricultural development and high capital investment in irrigation and dams.
9ID: GK-ECON-00507
mediumPlanning & GDP
The Mahalanobis heavy-industry industrialization strategy formed the core framework of which Five-Year Plan of India?
Verified Explanation
The Second Plan (1956–1961), authored by Prof. P. C. Mahalanobis, prioritized rapid industrialization, basic capital goods industries, and steel plants.
10ID: GK-ECON-00572
hardPlanning & GDP
The Mahalanobis heavy-industry industrialization strategy adopted during India's Second Five-Year Plan (1956–1961) was mathematically inspired by which Soviet economist's two-sector model?
Verified Explanation
P.C. Mahalanobis's two-sector growth model (focusing on capital goods investment over consumer goods) was structurally identical to G.A. Feldman's 1928 Soviet planning model.
11ID: GK-ECON-00065
easyPlanning Gdp
The First Five-Year Plan of India (1951–1956) was based predominantly on which economic growth model?
Verified Explanation
The First Five-Year Plan focused heavily on agriculture, irrigation, and power, utilizing the Harrod-Domar growth model framework.
12ID: GK-ECON-00208
easyPlanning & GDP
Which Five-Year Plan in India was terminated one year ahead of schedule in 1978 by the newly elected Janata Party government?
Verified Explanation
The Fifth Five-Year Plan was cut short in 1978 by the Morarji Desai government to introduce the Rolling Plan framework.
13ID: GK-ECON-00215
easyPlanning & GDP
The First Five-Year Plan (1951–1956) of India was based on which economic growth model focusing on agriculture and capital formation?
Verified Explanation
The First Five-Year Plan was drafted by economist K.N. Raj and based on the Harrod-Domar model, prioritizing agricultural rehabilitation, dam construction, and irrigation.
14ID: GK-ECON-00221
mediumPlanning & GDP
India's Second Five-Year Plan (1956–1961), emphasizing rapid industrialization and heavy capital goods, was authored by:
Verified Explanation
The Second Five-Year Plan was based on the Mahalanobis growth model which advocated heavy investment in basic and capital goods industries.
15ID: GK-ECON-00258
easyPlanning & GDP
The Second Five-Year Plan (1956–1961) of India was based on which economic model emphasizing rapid industrialization and heavy capital goods?
Verified Explanation
The Second Five-Year Plan was based on the Mahalanobis model formulated by statistician Prasanta Chandra Mahalanobis.
16ID: GK-ECON-00301
easyPlanning & GDP
In which year did the Government of India inaugurate the First Five-Year Plan under the leadership of Prime Minister Jawaharlal Nehru?
Verified Explanation
The First Five-Year Plan of India was launched in 1951, focusing primarily on agricultural development and irrigation projects.
17ID: GK-ECON-00308
easyPlanning & GDP
Which Five-Year Plan in India (1956–1961) was based on the Mahalanobis model emphasizing heavy and capital-goods industries?
Verified Explanation
The Second Five-Year Plan (1956–61) was formulated by Professor P. C. Mahalanobis and prioritized the development of basic and heavy capital goods industries.
18ID: GK-ECON-00335
mediumPlanning & GDP
Which Five-Year Plan achieved the highest average annual GDP growth rate in Indian history (approx. 7.9% - 8.0%)?
Verified Explanation
The Eleventh Five-Year Plan (2007–2012) targeted inclusive growth and achieved an average annual GDP growth rate of ~8.0%.
19ID: GK-ECON-00366
easyPlanning & GDP
The Second Five-Year Plan (1956-1961) of India, which emphasized rapid heavy industrialization, was formulated by which eminent statistician?
Verified Explanation
Prasanta Chandra Mahalanobis formulated the strategy of the Second Five-Year Plan (the Mahalanobis Model), focusing on rapid development of basic heavy industries and capital goods.
20ID: GK-ECON-00380
mediumPlanning & GDP
The 'Garibi Hatao' (Eradicate Poverty) slogan was prominently introduced during the formulation of which Five-Year Plan?
Verified Explanation
The slogan 'Garibi Hatao' was launched by Indira Gandhi during the 1971 elections and incorporated as a core objective of the Fifth Five-Year Plan (1974-1979).
21ID: GK-ECON-00412
easyPlanning & GDP
On which economic model was India's Second Five-Year Plan (1956–1961) primarily based?
Verified Explanation
The Second Five-Year Plan was formulated by Professor Prasanta Chandra Mahalanobis, emphasizing rapid industrialization and heavy capital goods development.
22ID: GK-ECON-00428
easyPlanning & GDP
What was the final Five-Year Plan implemented in India before the planning framework was restructured by NITI Aayog?
Verified Explanation
The Twelfth Five-Year Plan (2012–2017), with the theme 'Faster, More Inclusive and Sustainable Growth', was the last official Five-Year Plan in India.
23ID: GK-ECON-00652
mediumEconomic Planning, Growth & GDP
Which economic growth model formed the theoretical foundation for India's First Five-Year Plan (1951–1956)?
Verified Explanation
The First Five-Year Plan was based on the Harrod-Domar growth model, which emphasizes the role of capital accumulation and savings in driving economic growth. The plan focused on expanding the agricultural sector and irrigation infrastructure to stabilize the post-partition economy. The targeted growth rate was 2.1% per annum, while the actual achieved growth rate was 3.6%.
24ID: GK-ECON-00755
mediumEconomic Planning, Growth & GDP
Which Five-Year Plan of India was formally terminated in 1978, one year ahead of its scheduled five-year duration?
Verified Explanation
The Fifth Five-Year Plan was originally formulated for the period 1974–1979 under the theme of 'Garibi Hatao' (Poverty Eradication) and Self-Reliance. Following the 1977 general elections, the newly elected Janata Party government terminated the plan in 1978, one year ahead of schedule. The period 1978–1980 was subsequently managed under interim annual rolling plans.
25ID: GK-ECON-00857
mediumEconomic Planning, Growth & GDP
India formally transitioned from centralized directive planning to 'Indicative Planning' with the launch of which Five-Year Plan?
Verified Explanation
Following the 1991 economic reforms, India adopted Indicative Planning starting with the Eighth Five-Year Plan (1992–1997). In this framework, the state shifted from direct bureaucratic allocation of physical inputs to providing an enabling policy environment, steering private enterprise through fiscal, credit, and regulatory incentives.