Read the following passage and then answer the question given below:
The First Five Year (1951-56) plan was drafted under guidance of K.N. Raj. He argued that India should 'hasten slowly' for the first two decades as a fast rate of development might endanger democracy. 1st Five Year Plan mainly based on the agrarian sector including dams and irrigation. The Bhakhra Nangal Dam was one of the largest projects started during the 1st Five Year Plan. In this plan the basic aim of the planners was to raise the level of national income which could be possible only if the people saved more money than they spent. The second FYP was drafted under the leadership of P.C. Mahalanobis. This FYP stressed on heavy industries. In parallel, the government imposed substantial tariffs on imports in order to protect domestic industries. The Third FYP was not significantly different from the Second FYP. Some critics pointed out that the plan had an urban bias. Others thought that industry was wrongly given priority over agriculture.
Which Five Year Plan was drafted under the leadership of Mahalanobis?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 2nd
The Second Five Year Plan was drafted under the leadership of P.C. Mahalanobis, a scientist and statistician of international repute; he was the architect of the Second Plan.
NCERT (2026-27): “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.…”
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