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India After Independence — Social Studies STD 8 — Question

CBSE BoardEnglish MediumSTD 8Social StudiesIndia After Independence1 Mark
MCQ
First five year plan formed on which model?
  • ✓
    Herold $-$ Domar Model
  • B
    P.C. Mahalanobis Model
  • C
    Both of above
  • D
    None of above
✓

Answer

Correct option: A.
Herold $-$ Domar Model
The First Five$-$Year Plan was based on the Harrod–Domar model with few modifications. The First Five$-$year Plan was launched in $1951$ which mainly focused in development of the primary sector.

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