The first five year plan was based on ______ framework.
A
High Risk Model
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B
Harrod Domestic Model
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C
High Domar Model
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D
Harrod Domar Model
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Solution
The correct option is D Harrod Domar Model The first five year plan was based on Harrod Domar Model framework.The first five year plan covers 1951-56. Main focus of the first five year plan was given on
the agricultural development.