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IPR 1956 formed the basis of the ______ Five Year Plan of India.
Third
Fourth
First
Second
- The Industrial Policy Resolution (IPR) of 1956 laid a strong framework for the national economy.
- It emphasized the importance of the public sector and aimed to reduce income inequalities.
- The correct answer is the Second Five Year Plan since IPR 1956 was fundamental to its strategies.
- The First Five Year Plan (Option 3) mainly focused on agriculture and irrigation.
- The Third Five Year Plan (Option 1) emphasized self-reliance and the development of heavy industries.
- The Fourth Five Year Plan (Option 2) tackled issues related to economic growth, stability, and social justice through balanced regional growth.
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