Question

Which one of the following was set as a target of average growth of GDP of India over the plan period 2012 - 2017 by the Approach Paper to the Twelfth Five Year Plan?

• A. 7 percent
• B. 8 percent
• C. 9 percent
• D. 10 percent

Answer 1

The correct option is C 9 percent

The 12th five year plan (2012-2017) was the last five year plan of India. The Planning commission was abolished by the Government i 2014 and NITI Aayog was established instead of that. In the approach paper to the 12th five year plan, the target for the GDP growth rate was set at 9%. In view of the ongoing global problems, the average annual growth target for the 12th Plan had been scaled down to 8.2 percent from 9 percent envisaged in the Approach Paper to the 12th Plan.