The Harrod-Domar model, developed independently by Roy Harrod and Evsey Domar, provided a theoretical framework for understanding economic growth. It suggested that increasing savings and investment would lead to higher economic growth rates.
The first Five-Year Plan in India (1951-56) was based on which of the following models?
Asked in ARO GS 252022 74 2024 · Topic: Planning (Planning Models and Strategies (e.g., Nehru-Mahalanobis Model))
More Economic Development questions
- Match list-I with list-II and select the correct answer using the code given below : List-I Five Year Plan A. First B. Second C. Third D. Fourth List-II Applied Growth Model 1. S. Chakravarty Model 2. Harrod-Domar Model 3. Ashok Rudra Model 4. Mahalanobis Model Code : A B C D (a) 1 3 2 4 (b) 2 4 1 3 (c) 3 1 2 4 (d) 2 1 4 3
- The concept of 'Natural Growth Rate' was given by
- Which of the following was the earliest regional planning exercise in India ?
- In which Five-Year plan, balanced regional development was emphasized as one of the major objectives of the planning excercise?
- Which state of India pioneered the idea of a state level techno-economic survey carried out in 1957-1958, with the technical help of Stanford Research Institute of California (U.S.A.) ?
- The formulation and success of a plan require the following : a. Planning Commission, Statistical data, Objectives b. Fixation of Targets and Priorities, Mobilisation of Resources c. Incorrupt and Efficient Administration, Proper Development Policy d. Economy in Administration, Education base
- National Investment and Infrastructure Fund is registered under which one of the following Acts ?
- Finance for the Indian plans was obtained from