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The Mahalanobis Plan of development was ...

The Mahalanobis Plan of development was adopted during which Five Year Plan?

A

Third

B

Fourth

C

First

D

Second

Text Solution

Verified by Experts

The correct Answer is:
D
Second Plan (1956 – 1961) The Mahalanobis Plan of development was adopted during the Second Five Year Plan. It was based on an economic development model developed by the Indian statistician Prasanta Chandra Mahalanobis. The plan attempted to evaluate the optimal allocation of funds among productive sectors in order to maximise economic growth of the country.
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