| Q.32 | Which of the following statements about economic planning in India is correct? | |
| Ans | 1. Following the Third Five-Year Plan, the Government of India took the first ‘plan holiday’ from Five-Year Plans. | |
| 2. The Planning Commission was set up under Article 76 of the Constitution of India. | ||
| 3. In 1949, the Planning Commission presented a draft outline for the First Five-Year Plan. | ||
| 4. The Third Five-Year Plan was drafted by a team of experts, under the leadership of PC Mahalanobis. |
Correct Ans: 1
