Correct option is D
The correct answer is: (D) PC Mahalanobis
Explanation:
PC Mahalanobis is widely recognized for his landmark contribution to the development of India's Second Five-Year Plan. He was an eminent statistician and economist who played a pivotal role in shaping India's planning process.
Mahalanobis developed the Mahalanobis Model, which focused on heavy industry and the need for capital goods industries in India's economic development.
Information Booster:
- PC Mahalanobis is regarded as the architect of India's Second Five-Year Plan, which was launched in 1956.
- He advocated for an industrial-centric model of development, focusing on the growth of key sectors such as steel, heavy machinery, and power generation.
- The Second Five-Year Plan is notable for its emphasis on economic independence and industrialization, especially in the context of post-independence India.
- His contributions were central to India's long-term economic planning, with a focus on strategic sectors that would lay the foundation for future growth.
Additional Knowledge:
- CD Deshmukh: While he was an important figure in India's economic planning and the first Finance Minister of independent India.
- JK Mehta: He was involved in various economic and statistical areas.
- JM Keynes: An influential British economist, Keynes's theories influenced global economic policy.
English
80 Questions
160 Marks
60 Mins
