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Questions and Answers
Who was the first chairman of the Planning Commission in India?
Who was the first chairman of the Planning Commission in India?
Which country did India take the idea of five-year plans from?
Which country did India take the idea of five-year plans from?
Who was the last deputy chairman of the Planning Commission in India?
Who was the last deputy chairman of the Planning Commission in India?
In which year was the first five-year plan launched in India?
In which year was the first five-year plan launched in India?
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What replaced the Planning Commission in India in 2014?
What replaced the Planning Commission in India in 2014?
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Study Notes
Five-Year Plans of India
- From 1951 to 2017, the Indian economy was based on the concept of planning.
- The Planning Commission was responsible for developing, executing, and monitoring Five-Year Plans.
- Jawaharlal Nehru was the first chairman of the Planning Commission, as the Prime Minister is the ex-officio Chairman of Planning Commission.
- Montek Singh Ahluwalia was the last deputy chairman of the Planning Commission.
- In 2014, the NDA government dissolved the Planning Commission and replaced it with NITI Aayog, a new think tank.
- India adopted the concept of five-year plans from the Soviet Union.
- The first five-year plan was launched in India in 1951.
- The topic of five-year plans of India is important for students preparing for competitive exams such as UPSC CDS, Civil Services, State PCS, SSC CGL, SSC CHSL, RRB NTPC, and other exams.
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Description
This quiz covers the concept of planning in the Indian economy from 1951 to 2017, including the role of the Planning Commission, its chairmen, and its eventual dissolution.
