Question

    From which country did India adopt the concept of economic planning?

    A USA Correct Answer Incorrect Answer
    B UK Correct Answer Incorrect Answer
    C Russia Correct Answer Incorrect Answer
    D Britain Correct Answer Incorrect Answer

    Solution

    India's structured economic planning model was inspired by the Soviet Union (Russia). This approach was adopted during the inception of India's first five-year plan in 1951, marking the beginning of a series of systematic efforts to foster national economic development.

    Practice Next

    Relevant for Exams: