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Question

Which Five Year Plan gave importance to cooperative sector?

A
The Eleventh Five Year Plan
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B
The Second Five Year Plan
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C
The First Five Year Plan
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D
The Fourth Five Year Plan
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Solution

The correct option is B The Second Five Year Plan
1:The Second Five-Year Plan (1956-1961), emphasized “building up a cooperative sector as part of a scheme of planned development” as being one of the central aims of National Policy.
2:It aimed at enabling
cooperatives to increasingly become the principal basis for organization of economic activity.


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