Correct option is A
The Eleventh Five-Year Plan of India targeted an annual average growth rate in GDP of 9%.
The Five Year Plans were formulated, implemented and regulated by a body known as the Planning Commission.
The Planning Commission was replaced by a think tank called NITI AAYOG in 2015.
First Five-Year Plan was based on the Harrod Domar Model and emphasised increasing savings.
The target growth rate of Third Five Year Plan was 5.6% and the actual growth rate only achieved 2.4%
Sixth Five Year Plan: On the recommendation of the Shivaraman Committee, the National Bank for Agriculture and Rural Development was established.
Eighth Five Year Plan: The target growth rate was 5.6% but the actual growth rate was an incredible 6.8%.