Q. Which of the following statements is/are true about the second five year plan?
Select the correct code from the options given below:
A
1 only
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B
2 only
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C
Both 1 and 2
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D
None of the above
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Solution
The correct option is A 1 only
Explanation:
Statement 1 is correct. The second five year plan (1956-1961) emphasised rapid industrialisation with particular emphasis on the development of basic and heavy industries.
Statement 2 is incorrect. It was based on the Nehru-Mahalanobis model. First five year plan was based on the Harrod Domar model.