Question

    Which Five-Year Plan in India was formulated based on the Gadgil Formula?

    A 1st five-year plan Correct Answer Incorrect Answer
    B 2nd five-year plan Correct Answer Incorrect Answer
    C 3rd five-year plan Correct Answer Incorrect Answer
    D 4th five-year plan Correct Answer Incorrect Answer

    Solution

    The Fourth Five-Year Plan of India (1969-74) was structured on the Gadgil Formula, focusing on achieving growth with stability and moving towards self-reliance. It included significant initiatives like the nationalization of banks and the Green Revolution, which aimed to increase agricultural productivity.

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