For the period 1978-83, government of India launched Rolling Plan. Which of the following best defines the rolling plan?
It means every year the performance of the plan will be assessed and a new plan will be made next year based upon this assessment.
Correct AnswerIt is a planning scheme in which the present plan rolls over to the next government for its target achievement
Incorrect AnswerIt a form of perspective plan in which plan rolls for fifteen-twenty year and changes after that.
Incorrect AnswerNone of the above
Incorrect AnswerExplanation:
- Option 1: This describes the Rolling Plan approach, where plans are made and assessed annually. Based on yearly assessments, new plans are crafted for the subsequent year. This allows flexibility and adjustments according to performance and changing needs.
- Correct Answer: It reflects the essence of a Rolling Plan.
- Option 2: This implies that the current plan’s objectives roll over to the following government. This isn’t the main idea behind the Rolling Plan, which is more about annual assessment and adjustment.
- Option 3: Describes a long-term perspective plan that rolls over a period of 15-20 years. This doesn’t align with the annual nature of a Rolling Plan.
- Option 4: This option doesn't apply as Option 1 provides a correct definition of Rolling Plan.
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By: Abhipedia