2017 · Q29
Arrange the following events in sequential order as they happened in India :
- 1Mahalanobis Model
- 2Plan Holiday
- 3Rolling Plan
Select the correct answer using the code given below :
General KnowledgeIndian Economy
- A1, 2, 3
- B3, 2, 1
- C2, 3, 1
- D1, 3, 2
Explanation
The Mahalanobis model of heavy-industry-led growth underpinned India's Second Five-Year Plan (1956–61). After the Third Plan, three annual plans — the Plan Holiday of 1966–69 — followed in the wake of drought and war. The Rolling Plan concept was introduced by the Janata government for 1978–83. The chronological sequence is therefore Mahalanobis Model (1), Plan Holiday (2), Rolling Plan (3).