The Second Five-Year Plan (1956-1961) was based on the Mahalanobis model, which was a growth model focusing on boosting industrial production, particularly heavy industries, to achieve long-term economic self-sufficiency.
Prof. P. C. Mahalanobis's name is associated with the
Asked in APSC CCE Prelims Exam 2014 · Topic: Planning (Planning Models and Strategies (e.g., Nehru-Mahalanobis Model))
More Economic Development questions
- First Five Year Plan of India was based on the
- India's First Five Year Plan was based on economic model of
- 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