Question

Choose the correct answer form the alternatives given.
The First Five Year Plan of India was based on __________.

• A. John W Miller Model
• B. PC Mahalanobis Model
• C. Gadgil Yojana
• D. Herrod-Domar Model

Answer 1

The correct option is D Herrod-Domar Model

The first Indian Prime Minister, Jawaharlal Nehru presented the First Five-Year Plan to the Parliament of India and needed urgent attention. The First Five-Year Plan was based on the Harrod-Domar model with few modifications.