Question

The Objective of the Self reliance and zero net-foreign aid was declared in the.

• A. Second Five Year Plan
• B. Third Five Year Plan
• C. Fourth Five Year Plan
• D. Fifth Five Year Plan

Answer 1

The correct option is C Fourth Five Year Plan

Fourth 5-year plan declared its objective of self-reliance and zero net foreign aid. This plan was launched by Indira Gandhi to overcome the pressure of drought, devaluation and inflationary recession. Economic growth, economic equity and social justice, full employment, economic self-reliance were some of the objectives of the plan.

However, there were two main objectives of this plan i.e. growth with stability and progressive achievement of self-reliance.