Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

In India, what is the duration of a "short term" plan?

Options:

2

5

7

10

Correct Answer:

5

Explanation:

India follows a 5-year planning system which was borrowed from the former soviet union (Pioneer in national planning).

The plans which are formed in India are of 2 types : 

  • 5-year plan (Short term plan)
  • 20-year plan (Long term plan)

The long term plan which is for 20 years is called as Perspective plan.