Which among the following statements are correct with regard to the Second Five-Year Plan?
(A) The Second Five-Year Plan stressed on heavy industries.
(B) It wanted to bring about quick structural transformation.
(C) The Congress party at its session held at Avadi passed a resolution declaring ‘socialist pattern of society’ was the goal and was reflected in the Second Plan.
(D) The government imposed substantial tariffs on imports in order to protect domestic industries.
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → (A), (B), (C) and (D)
(A) The Second Five-Year Plan stressed on heavy industries. Correct. It was drafted by a team under P. C. Mahalanobis.
(B) It wanted to bring about quick structural transformation. Correct. If the first plan had preached patience, the second wanted change in all possible directions at once.
(C) The Congress party at its session held at Avadi passed a resolution declaring ‘socialist pattern of society’ was the goal and was reflected in the Second Plan. Correct.
(D) The government imposed substantial tariffs on imports in order to protect domestic industries. Correct.
NCERT (2025-26): “Rapid Industrialisation … The Second FYP stressed on heavy industries. It was drafted by a team of economists and planners under the leadership of P. C. Mahalanobis. If the first plan had preached patience, the second wanted to bring about quick structural transformation by making changes simultaneously in all possible directions. Before this plan was finalised, the Congress party at its session held at Avadi near the then Madras city, passed an important resolution. It declared that ‘socialist pattern of society’ was its goal. This was reflected in the Second Plan. The government imposed substantial tariffs on imports in order to protect domestic industries.…” |