Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Politics in India Since Independence: Politics of Planned Development

Question:

Read the paragraph given below and answer, the following question:

As in the USSR, the planning commission of India opted for Five Year Plans (FYP). The idea is very simple the government of India prepares a document that has a plan for all its income and expenditure for the next five years. Accordingly the budget of the central and all the state governments is divided into two parts 'non-plan' budget that is spent on routine items on a yearly basis and 'plan' budget that is spent on a five year basis as per the priorities fixed by the plan. A five year plan has the advantage of permitting the government to focus on the larger picture and make long term intervention in the economy.

The idea of Planning commission and five year plan was adopted from:

Options:

Japan

USSR

Germany

France

Correct Answer:

USSR

Explanation:

The correct answer is option (2) - USSR

As per the passage:

As in the USSR, the planning commission of India opted for Five Year Plans (FYP). The idea is very simple the government of India prepares a document that has a plan for all its income and expenditure for the next five years.