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Five Year Plans Economics Part - 7 Video Lecture | Economics for SSC CGL Exam (Hindi)
FAQs on Five Year Plans Economics Part - 7 Video Lecture - Economics for SSC CGL Exam (Hindi)
| 1. What are the Five Year Plans in economics? |  |
Ans. The Five Year Plans are a series of centralized economic plans implemented by the government of India to achieve specific socioeconomic objectives over a five-year period.
| 2. How many Five Year Plans have been implemented in India? | |
Ans. A total of twelve Five Year Plans have been implemented in India since 1951. The first plan began in 1951 and the last plan, which was the Twelfth Five Year Plan, concluded in 2017.
| 3. What is the purpose of the Five Year Plans in India? | |
Ans. The main purpose of the Five Year Plans in India is to promote balanced economic growth by allocating resources effectively, reducing poverty, improving infrastructure, and increasing industrialization and agricultural productivity.
| 4. How are the objectives of the Five Year Plans achieved in India? | |
Ans. The objectives of the Five Year Plans in India are achieved through various means such as government policies, investments in infrastructure, industrial development, agricultural reforms, poverty alleviation programs, and promoting social welfare schemes.
| 5. Are the Five Year Plans still relevant in India today? | |
Ans. No, the Five Year Plans are no longer applicable in India. The government replaced the Five Year Plans with a new system called NITI Aayog in 2015, which focuses on long-term strategic planning and cooperative federalism.
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Dec 22, 2024 Last updated |
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