Question

A Five Year Plan is a/an that laid down the and the goals of a country to be achieved in the forthcoming five years.

• A. law
• B. set of principles
• C. objectives
• D. economic policy

Answer 1

Answer: (C), (D)

economic policy

Five Years Plans were first implemented in the USSR. It was an economic policy that laid the objectives and goals for USSR to be achieved for the forthcoming five years. It was from here that India adopted the concept of Five Year Plan. The USSR made significant achievements with the help of socialistic policies.