____________ was engaged in the formulation of five year plans in India.

• RBI

• plannig commission

four basic goals of five year plans were growth, ___________ self reliance, and equity

• modernisation

• outdated technology

______________ was the chairman of the planning commission set up in 1950.

• president

• chief minister

• prime minister

• home minister

_________________ economy was adopted in India as an economic system after independence.

• socialistic economy

• capitalistic economy

• mixed economy

when was the planning commission was set up?

• 1949

• 1950

• 1956

• 1850

capitalist economy is controlled and operated by;

• private sector

• public sector

The first five year plan was launched for a period from__________

• 1948-1953

• 1959-1954

• 1951-1956

• 1955-1960

_____________ economy is the economy in which means of production are owned , controlled and operated by the government

• mixed

• socialist

• capitalist

GDP stands for:

• gross domestic product

• gross domestic process

• gross development process

what was the period of plans prepared by the planning commission?

• 3 years

• 4 years

• 5 years

• 6 years