JKSSB Mock Tests

Failure of Third Plan that of the devaluation of rupee (to boost exports) along with inflationary recession led to postponement of Fourth FYP and therefore Annual Plans were introduced instead.

A. four
B. two
C. one
D. three
Answer: Option D
Solution (By JKSSB Mock Tests Team)
Due to the severe economic crisis triggered by consecutive wars and droughts following the Third Plan, the Fourth Five-Year Plan was delayed. Instead, exactly three 'Annual Plans' were executed between 1966 and 1969, an era termed the 'Plan Holiday'.
This Question Belongs to: General knowledge mcqs Economics set 2

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