The Harrod-Domar model is a basic model of economic growth which suggests that the growth rate of GDP is proportional to the savings rate and inversely proportional to the capital-output ratio.
India's First Five Year Plan was based on economic model of
Asked in GPSC Prelims CSP 2 2017 · Topic: Planning (Planning Models and Strategies (e.g., Nehru-Mahalanobis Model))
More Economic Development questions
- The Second Five Year Plan that called for the establishment of Socialist pattern of society was commonly referred to as the
- Which one of the following is not a feature of the Nehru-Mahalanobis model of development strategy ?
- The Nehru-Mahalanobis Strategy of Development was implemented for the first time by which one of the following Five-Year Plans?
- The principal component(s) of Nehru-Mahalanobis strategy of economic development was/were 1. Restructuring economic dependency on metropolitan capitalism into independent economic development. 2. Transition from semi-feudal agriculture to capitalist farming. Select the correct answer using the code given below :
- The Nehru-Mahalanobis model was concerned with the :
- Nehru-Mahalanobis planning model was based on the following strategies emphasised are (i) High rate of saving (ii) Preferred a heavy industry (iii) Discouraged import substitution (iv) Safeguard infant industry
- The Second Five Year Plan of India was based on
- The name of Prasanta Chandra Mahalanobis is associated with