Question

Which of the following statements highlights a few objectives of the Five-Year Plans implemented by the Indian government?

• A. Improve literacy rate of India.
• B. Uplift the standard of living.
• C. Introduce the capitalist form of economy.
• D. Increase employment opportunities.

Answer 1

Answer: (A), (B), (D)

Increase employment opportunities.

At the time of independence, India's socio-economic status was disappointing. 80% of the population was poor. Only 12% of the population was literate. Unemployment was as high as 33.5%. To overcome all these problems, India implemented Five-Year Plans. Each plan set specific economic targets to be achieved in a period of five years.