Question

All Five-Year Plans had the common goal of raising the standard of living. Identify a few methods through which they achieved this goal.

• A. Proper allocation of resources
• B. Increase in production
• C. Improvement in agriculture
• D. Increase in national income

Answer 1

Answer: (A), (B), (D)

Increase in national income

All Five-Year Plans had the common goal of raising the standard of living in the country. They achieved this goal by properly allocating resources, increasing production, fostering economic development, and finally increasing the national income.