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Consider the following statements:
1. The first centralised and integrated FiveYear plan was implemented by the Soviet Union.
2. The economic and social planning is a State subject in the Indian Constitution.
Which of the statements given above are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements:1. The first centralised and integra...
  • Statement 1 is correct: The Five-Year Plans were centralised and integrated national economic programs. The first such plan was implemented in the Soviet Union in 1928 by Joseph Stalin. Since then, countries such as China, Bhutan, Vietnam, South Korea, Argentina, Romania and Ethiopia have also implemented Five-Year Plans.
  • Statement 2 is incorrect: Economic and social planning is a concurrent subject. Also, while framing the ‘Union’, ‘State’ and ‘Concurrent’ lists, allocating subjects and other provisions, the Constitution vests power in the Union to ensure coordinated development in essential fields of activity while preserving the initiative and authority of the states in the spheres allotted to them.
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Consider the following statements:1. The first centralised and integrated FiveYear plan was implemented by the Soviet Union.2. The economic and social planning is a State subject in the Indian Constitution.Which of the statements given above are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
Question Description
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