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Examveda

During which five Year plan was phase of heavy industrialization initiated?

A. Second five year plan.

B. First five year plan

C. Third five year plan

D. Fourth five year plan

Answer: Option A

Solution(By Examveda Team)

The Second Five-Year plan accorded highest priority to Industrialisation. The plan was based on famous Mahalanobis Model. Mahalanobis model set out the task of establishing basic and capital goods industries on a large scale to create a strong base for the industrial development.

This Question Belongs to General Knowledge >> Indian Economy

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