What was the targeted growth rate of the Second Five-Year Plan?

Correct option is C

The Correct Answer is C: 4.5%.

Explanation:
The Second Five-Year Plan (1956-1961) aimed for a targeted growth rate of 4.5%. The plan focused on industrial development, particularly heavy industries, and infrastructure development. It emphasized self-reliance and economic independence.

Key Points:

• The Second Five-Year Plan was implemented between 1956 and 1961.
• It aimed for a growth rate of 4.5%.
• The plan focused on industrialization, particularly in sectors like steel, coal, and power.
• The plan's overall aim was to achieve self-sufficiency in the Indian economy.

Additional Information:

• 5.6%: The growth rate target of the Third Five-Year Plan.
• 3.6%: This was the actual growth rate achieved in the First Five-Year Plan.
• 5.2%: The growth rate target set for the Fourth Five-Year Plan.