International Affairs

Current GK (MTS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

The five-year plans of India were centralised economic and social growth programmes

modelled after those prevalent in ______.

This questions was previously asked in

SSC MTS 14th October 2021 Shift-2

the USSR

the US

Germany

Norway

- India's five-year plans were inspired by the economic models of centralized planning.

- Option 1: the USSR

- The USSR was known for its ambitious centrally planned economic programs.

- India adopted this model post-independence to boost its economy and manage resources effectively.

- Option 2: the US

- The US primarily followed a capitalist economy with less centralized planning.

- Option 3: Germany

- Germany had its unique economic approaches, especially post-World War II, but not centered around five-year plans.

- Option 4: Norway

- Norway follows a mixed economy but didn't influence India's five-year plans.