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Consider the following statements: I. The Second Five-Year Plan sought to promote development which would establish socialistic pattern of society in India. II. Between 1966 and 1969, three Annual Plans were formulated. III. The Ninth Five-Year Plan could not take off at its stipulated time in the 60th year of India's Independence. Which of the statements given above are correct?

Options

  1. AI and II only
  2. BI and III only
  3. CII and III only
  4. DI, II and III

Correct answer

A. I and II only

Step-by-step solution

Statement I is correct. The Second Five-Year Plan (1956-1961) was based on the Mahalanobis model and aimed at establishing a socialistic pattern of society, following the resolution passed at the Avadi session of the Indian National Congress in 1955. Statement II is correct. The period between 1966 and 1969 is known as the Plan Holiday. Due to the Indo-Pak war, drought, and inflation, the Fourth Five-Year Plan was postponed, and three Annual Plans were formulated during this period. Statement III is incorrect. The

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