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Question

One of the most important innovations in the industrial field after Independence has been the introduction of the _______.

A
Ten Year Plans
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B
Seven Year Plans
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C
Five Year Plans
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D
Three Year Plans
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Solution

The correct option is C Five Year Plans
One of the most important innovations in the industrial field after Independence has been the introduction of the Five-Year Plans. From 1947 to 2017, the Indian economy was premised on the concept of planning. This was carried through the Five-Year Plans, developed, executed, and monitored by the Planning Commission (1951-2014) and the NITI Aayog (2015-2017).

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