Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

Which of the following plan tried to build the basis for a socialist pattern of society?

Options:

Bombay Plan

First Five Year Plan

Second Five Year Plan

Third Five Year Plan

Correct Answer:

Second Five Year Plan

Explanation:

In accordance with the goal of the state controlling the commanding heights of the economy, the Industrial Policy Resolution of 1956 was adopted. This resolution formed the basis of the Second Five Year Plan, the plan which tried to build the basis for a socialist pattern of society.