Which one of the following statements regarding the objectives of the Second Five-Year Plan is not correct ?
- A.Development of the basic and heavy industry sector
- B.Increase in national income to raise living standards
- C.Expansion of the consumer goods sector
- D.Expansion of employment opportunities
Correct answer
Explanation
The correct answer is C, Expansion of the consumer goods sector. The Second Plan put its stress on basic and heavy industries, not on consumer goods, which were left mainly to small and cottage industries.
The Second Five-Year Plan (1956–61) was built on the model of the statistician P. C. Mahalanobis. Its stated aims were a sizeable rise in national income to raise the level of living, rapid industrialisation with particular emphasis on basic and heavy industries, a large expansion of employment opportunities, and a reduction in inequalities of income and wealth. Steel plants at Bhilai, Durgapur and Rourkela were set up in this period. The Industrial Policy Resolution of 1956 backed the plan by reserving key industries for the public sector.
A is wrong as a choice: developing basic and heavy industries was the central aim of the plan.
B is wrong as a choice: raising national income to lift living standards was a stated objective.
D is wrong as a choice: expanding employment opportunities was also a stated objective.
Exam tip: First Plan, agriculture (Harrod–Domar); Second Plan, heavy industry (Mahalanobis model).
Practice Questions
View allConsider the following statements about the Rashtriya Gokul Mission :
I. It is important for the upliftment of rural poor as majority of low producing indigenous animals are with small and marginal farmers and landless labourers.
II. It was initiated to promote indigenous cattle and buffalo rearing and conservation in a scientific and holistic manner.
Which of the statements given above is/are correct?
- A.I only
- B.II only
- C.Both I and II
- D.Neither I nor II
Show answer
The Rashtriya Gokul Mission was launched to conserve and develop indigenous cattle and buffalo breeds scientifically, and it matters most to the small farmers and landless labourers who keep most of these animals.
Read the full explanation →Atal Innovation Mission is set up under the
- A.Department of Science and Technology
- B.Ministry of Labour and Employment
- C.NITI Aayog
- D.Ministry of Skill Development and Entrepreneurship
Show answer
The Atal Innovation Mission (AIM) was set up in 2016 by NITI Aayog as the Government of India's flagship programme to promote innovation and entrepreneurship.
Read the full explanation →Consider the following statements :
1. The Government of India provides Minimum Support Price for niger (Guizotia abyssinica) seeds.
2. Niger is cultivated as a Kharif crop.
3. Some tribal people in India use niger seed oil for cooking.
How many of the above statements are correct?
- A.Only one
- B.Only two
- C.All three
- D.None
Show answer
Nigerseed is one of the oilseeds covered by MSP, it is grown mainly in the kharif season, and tribal communities use its oil for cooking.
Read the full explanation →Why does the Government of India promote the use of 'Neem-coated Urea' in agriculture?
- A.Release of Neem oil in the soil increases nitrogen fixation by the soil microorganisms
- B.Neem coating slows down the rate of dissolution of urea in the soil
- C.Nitrous oxide, which is a greenhouse gas, is not at all released into atmosphere by crop fields
- D.It is a combination of a weedicide and a fertilizer for particular crops
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The neem layer releases nitrogen slowly, so crops take up more of it and less is lost. Plain urea dissolves fast and much of its nitrogen is lost by leaching into groundwater and as gases.
Read the full explanation →With reference to the 'Prohibition of Benami Property Transactions Act, 1988' (PBPT Act), consider the following statements :
1. A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction.
2. Properties held benami are liable for confiscation by the Government.
3. The Act provides for three authorities for investigations but does not provide for any appellate mechanism.
Which of the statements given above is/are correct?
- A.1 only
- B.2 only
- C.1 and 3 only
- D.2 and 3 only
Show answer
Benami property can be confiscated by the Central Government, but the Act covers transactions the owner is unaware of and it does provide an appeal.
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