Question

Upon which economic model was India's first Five-Year

Q: Answer-Upon which economic model was India's first Five-Year Plan based?

Indias first Five-Year Plan, initiated in 1951, was influenced by the Harrod-Domar model of economic growth, which emphasizes the importance of savings and investment in a developing economy. The plan aimed at raising national income by allocating resources to increase agricultural and industrial production.

Plan based?

A Keynesian model

B Solow growth model

C Harrod-Domar model

D Mundell-Fleming model

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Upon which economic model was India's first Five-Year

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