Q139 / 270 · NDA 2018 (Phase 2) · General Ability

The Nehru-Mahalanobis Strategy of Development was implemented for the first time by which one of the following Five-Year Plans?

  • A
    First Five-Year Plan
  • Correct answer
    B
    Second Five-Year Plan
  • C
    Third Five-Year Plan
  • D
    Seventh Five-Year Plan

Solution

Nehru-Mahalanobis model was created as an analytical framework for India's Second Five Year Plan in 1955 by appointment of Prime Minister Jawaharlal Nehru, as India felt there was a need to introduce a formal plan model after the First Five Year Plan (1951-1956). This model is known to have set the statistical foundations for state-directed investments and created the intellectual underpinnings of the license-raj through an elaborate input-output model.

Hence, the correct answer is option: 'B'.

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