Question

In which year the first Five Year Plan was introduced.

• A. 1951
• B. 1947
• C. 1948
• D. 1952

Hint:

Remember key dates in India's post-independence history: Independence (1947), Constitution adopted (1949), Republic Day (1950), and the start of the First Five-Year Plan (1951).

Answer 1

The Correct Option is A

Step 1: Understanding India's Economic Planning:
After gaining independence in 1947, India established the Planning Commission in 1950 to formulate plans for the country's economic and social development. The primary tool for this was the Five-Year Plans.

Step 2: Timeline of the First Plan:
The First Five-Year Plan was launched for the period from 1951 to 1956. It was based on the Harrod-Domar model and focused primarily on the development of the primary sector, particularly agriculture and irrigation. The plan was presented by the first Prime Minister, Jawaharlal Nehru.

Step 3: Final Answer:
The first Five-Year Plan was introduced in the year 1951.