Question

Why did the First Five Year focus on higher agricultural production as the principal objective.

Solution

The First Five Year Plan focussed on higher agricultural production as the country was confronted with an acute shortage of food grains when the first plan was initiated.

Some More Questions From Indian Economy 1950-1990 Chapter

What do you mean by economic planning?

In India who is the chair person of Planning Commission?

Who formulate plans in India?

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Indian Economy 1950-1990

Why did the First Five Year focus on higher agricultural production as the principal objective.

Some More Questions From Indian Economy 1950-1990 Chapter

What do you mean by economic planning?

In India who is the chair person of Planning Commission?

Who formulate plans in India?

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?

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