Question

Why should plans have goals?

Solution

Plans should have goals so that it can be achieved within a specified period of time. In India, plans are of five years duration and are called five years plans.

Some More Questions From Indian Economy 1950-1990 Chapter

Who floated the idea of planning in India first of all?

How many plans have been completed in India so far?

Define capitalist economy.

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Indian Economy 1950-1990

Why should plans have goals?

Some More Questions From Indian Economy 1950-1990 Chapter

Who floated the idea of planning in India first of all?

How many plans have been completed in India so far?

Define capitalist economy.

What is a socialist economy?

What is mixed economy?

What is meant by economic growth?

What structural change undergoes with development of the economy?

Name the sectors from which the GDP of a country is derived.

On which idea is the policy of 'land to tiller' is based?

Where is the provision for economic and social planning in our Constitution?

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