Five-year plan – MCQ
An economic plan allocates the resources of a nation to fulfil the general and specific goals as planned by the government for a specified period. Economic planning is the process in which the limited natural resources are used skilfully so as to achieve the desired goals. The concept of economic planning in India or five-year plan is derived from Russia (then USSR 7-year plan).
2.6. CET-GK-FIVE YEAR PLAN