Prasanta Chandra Mahalanobis was a distinguished statistician who played a key role in formulating the Second Five-Year Plan (1956-1961). This plan, based on his economic model (the Mahalanobis Model), focused on rapid industrialization and the development of heavy industries.
The name of Prasanta Chandra Mahalanobis is associated with
Asked in WBPSC CS Prelims 2022 · Topic: Planning (Planning Models and Strategies (e.g., Nehru-Mahalanobis Model))
More Economic Development questions
- Which of the following is popularly known as Mahalanobis Plan?
- Which one of the following statements is not true? Mahalanobis strategy of planning implied:
- To achieve a high rate of growth of capital formation, P.C. Mahalanobis suggested that allocation of investment to capital goods sector should be
- The main foundation of Fifth Five Year Plan was
- The First Five Year Plan was based on the
- Which type of problems can be solved by using Simplex Method? - Question not attempted
- Simplex Method An algorithm designed for solving linear programming problems. 2. Linear Programming Problem (LPP) An optimization problem where the objective function and all constraints are linear. 3. Scope of Simplex Method Applicable to a wide range of problems that can be formulated as LPPs, including but not limited to assignment and transportation problems. 161. According to Harrod-Domar model, Warranted rate of Growth depends on which of the following on given incremental capital output ratio :
- Match List-I with List-II and select correct answer using code given below - List-I (i) Survey Method of Demand Forecasting (ii) Time Series Method of Demand Forecasting (iii) Smoothing Techniques of Demand Forecasting (iv) Delphi Method of Demand Forecasting List-II (a) Based on the average of past values of demand (b) Based on opinion of experts (c) Short-term Demand Forecasting (d) Based on past observation of data Code - (1) (i)-(a), (ii)-(b), (iii)-(c), (iv)-(d) (2) (i)-(d), (ii)-(c), (iii)-(b), (iv)-(a) (3) (i)- (c), (ii)-(d), (iii)-(b), (iv)-(a) (4) (i)-(b), (ii)-(a), (iii)-(c), (iv)-(d) (5) Question not attempted