Five Year Plans — Set 5
Economics · पंचवर्षीय योजनाएं · Questions 41–50 of 100
The 'Target Growth Rate' for the Twelfth Five Year Plan was finally fixed at?
Correct Answer: A. 8.0%
• **8.0%** = The Twelfth Five Year Plan initially proposed a growth target of 9% which was later revised downward to 8.0% by the National Development Council. • **Revised by NDC in late 2012** — The National Development Council revised the target to 8% in late 2012 due to global economic headwinds and domestic slowdown. • 💡 Wrong-option analysis: 8.2%: this is not the officially revised or approved target for the Twelfth Plan; 7.5%: the NDC did not approve a 7.5% target; 9.0%: this was the original proposal but it was revised down to 8% by the NDC.
In which Five Year Plan was the 'Lead Bank Scheme' introduced?
Correct Answer: B. Fourth Plan
• **Fourth Plan** = The Lead Bank Scheme was introduced in December 1969 during the Fourth Five Year Plan, based on the Gadgil Study Group and Nariman Committee recommendations. • **District-wise bank allocation** — Each district was assigned to a specific commercial bank to act as 'lead bank' for coordinating credit planning and developmental banking. • 💡 Wrong-option analysis: Third Plan: the Lead Bank Scheme was introduced after bank nationalisation in 1969, during the Fourth Plan; Fifth Plan: the Fifth Plan began in 1974, after the Lead Bank Scheme was already operational; Sixth Plan: the Sixth Plan started in 1980, a full decade after the Lead Bank Scheme.
The slogan 'Food, Work and Productivity' was the hallmark of which plan?
Correct Answer: A. Seventh Plan
• **Seventh Plan** = The Seventh Five Year Plan (1985-90) emphasised 'Food, Work and Productivity' to boost agricultural and industrial efficiency. • **6% growth achieved** — The plan achieved a healthy average growth rate of 6%, driven by improvements in food grain production and small-scale industries. • 💡 Wrong-option analysis: Eighth Plan: the Eighth Plan focused on LPG reforms and human resource development after liberalisation; Ninth Plan: the Ninth Plan focused on 'Growth with Social Justice and Equality'; Sixth Plan: the Sixth Plan focused on poverty alleviation through IRDP.
Which Five Year Plan gave priority to the 'empowerment of women' as a specific goal?
Correct Answer: D. Ninth Plan
• **Ninth Plan** = The Ninth Five Year Plan (1997-2002) was the first to make 'empowerment of women' a strategic objective. • **Women Component Plan (30%)** — It introduced the 'Women Component Plan' to ensure a minimum of 30% of funds in beneficiary-oriented programmes reached women directly. • 💡 Wrong-option analysis: Tenth Plan: the Tenth Plan continued women-focused policies but was not the first to adopt empowerment as a strategic goal; Eighth Plan: the Eighth Plan focused on economic reforms and human capital; Eleventh Plan: it advanced inclusive growth but the women-empowerment strategic objective was formalised in the Ninth Plan.
The 'Regional Rural Banks' (RRBs) were established during the tenure of which plan?
Correct Answer: D. Fifth Plan
• **Fifth Plan** = Regional Rural Banks (RRBs) were established on 2 October 1975 under the Fifth Five Year Plan to provide credit to small farmers and rural artisans. • **Narasimham Working Group** — The first RRB (Prathama Bank in Moradabad) was set up based on the recommendations of the Narasimham Working Group. • 💡 Wrong-option analysis: Sixth Plan: the RRBs were established in 1975 during the Fifth Plan, not the Sixth; Fourth Plan: the Fourth Plan focused on bank nationalisation, not on setting up Regional Rural Banks; Seventh Plan: the Seventh Plan began in 1985, a decade after RRBs were established.
The 'Hindu Growth Rate' is a term associated with the slow growth during which period?
Correct Answer: A. 1950-1980
• **1950-1980** = The term 'Hindu Growth Rate' was coined by economist Raj Krishna to describe the stagnant average annual GDP growth of approximately 3.5% from 1950 to 1980. • **3.5% average annual growth** — This low rate was attributed to excessive government controls, bureaucratic red tape, and the licence-permit raj. • 💡 Wrong-option analysis: 2000-2010: this was India's high-growth phase with 7-9% GDP growth; 1991-2000: liberalisation in 1991 drove higher growth in this period; 1980-1990: growth began picking up during the Seventh Plan era, moving beyond the Hindu Growth Rate.
Which Five Year Plan was based on the 'S. Chakravarty Committee' recommendations for its financial framework?
Correct Answer: A. Third Plan
• **Third Plan** = The Third Five Year Plan followed the financial and investment framework associated with Sukhamoy Chakravarty's contributions to Indian planning. • **Ambitious 5.6% target, only 2.4% achieved** — It aimed for an ambitious 5.6% growth rate but external shocks reduced actual growth to just 2.4%. • 💡 Wrong-option analysis: Fourth Plan: the Fourth Plan was guided by a framework focusing on stability and agricultural recovery; Fifth Plan: the Fifth Plan was based on D. P. Dhar's approach for poverty removal; Second Plan: the Second Plan was based on the Mahalanobis model of capital goods-led growth.
The 'District Primary Education Programme' (DPEP) was a major initiative of which plan?
Correct Answer: A. Eighth Plan
• **Eighth Plan** = The District Primary Education Programme (DPEP) was launched in 1994 during the Eighth Five Year Plan to achieve universalisation of elementary education. • **1994 decentralised model** — It focused on decentralised planning and community participation at the district level to improve enrolment and quality. • 💡 Wrong-option analysis: Seventh Plan: DPEP was launched in 1994 during the Eighth Plan, not the Seventh; Ninth Plan: the Ninth Plan started in 1997, after DPEP was already operational; Tenth Plan: the Tenth Plan continued DPEP but did not launch it.
The 'Socialist Pattern of Society' was officially accepted as the goal of planning in which session?
Correct Answer: C. Avadi Session (1955)
• **Avadi Session (1955)** = The Avadi Session of the Indian National Congress in 1955 adopted the 'Socialist Pattern of Society' as the goal of planning. • **Shaped Second Plan** — This decision directly shaped the Second Five Year Plan's emphasis on the public sector and rapid heavy industrialisation. • 💡 Wrong-option analysis: Haripura Session (1938): this session elected Subhash Chandra Bose as INC president; Nagpur Session (1959): it focused on land reforms and cooperative farming; Karachi Session (1931): it adopted the Fundamental Rights and Economic Programme resolution.
In the Tenth Five Year Plan, the target for reducing infant mortality rate (IMR) was set at?
Correct Answer: A. 45 per 1000
• **45 per 1000** = The Tenth Five Year Plan (2002-07) targeted a reduction in the infant mortality rate (IMR) to 45 per 1000 live births. • **MMR target: 2 per 1000** — It also aimed to reduce the maternal mortality ratio (MMR) to 2 per 1000 live births by 2007. • 💡 Wrong-option analysis: 35 per 1000: this was a more ambitious target not set for the Tenth Plan; 60 per 1000: this figure is higher than the target the Tenth Plan set; 28 per 1000: this was a target associated with a later planning period.