JKSSB Mock Tests

Which of the following statements is correct about the Five-Year Plan?

A. All Five-Year Plans have equal rates of growth.
B. The Planning Commission was constituted in 1951.
C. The first Five-Year Plan was started in 1951.
D. The President was the ex-officio chairperson of the Planning Commission.
Answer: Option C
Solution (By JKSSB Mock Tests Team)
India's era of centralized economic planning officially began when Prime Minister Jawaharlal Nehru presented the First Five-Year Plan to the Parliament in 1951.
This Question Belongs to: General knowledge mcqs Economics set 1

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