Question

    The Second Five-Year Plan of India was based on which model?

    A Harrod-Domar Model Correct Answer Incorrect Answer
    B P.C. Mahalanobis Model Correct Answer Incorrect Answer
    C Laissez-faire Model Correct Answer Incorrect Answer
    D Keynesian Model Correct Answer Incorrect Answer

    Solution

    The Second Five-Year Plan, aiming for rapid industrialization, was influenced by the P.C. Mahalanobis model. It focused on strengthening the industrial sector and reducing dependencies on imports.

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