The correct answer is (b). The 12th Five Year Plan (2012-2017) was a plan for the economic development of India. It was approved by the National Development Council in December 2011. The plan set a target of 8% GDP growth for the period. The plan also focused on improving infrastructure, education, health, and rural development.
The 12th Five Year Plan was a success in many ways. GDP growth averaged 7.4% during the period, which was higher than the target of 8%. The plan also helped to improve infrastructure, education, health, and rural development. However, the plan also faced some challenges, such as high inflation and a slowdown in the global economy.
Despite the challenges, the 12th Five Year Plan was a success in many ways. It helped to improve the lives of millions of Indians and laid the foundation for future growth.
Option (a) is incorrect because the target of development in the ‘vision paper’ of the 12th Five Year Plan (2012-2017) as accepted by the National Development Council was 8%.
Option (c) is incorrect because the target of development in the ‘vision paper’ of the 12th Five Year Plan (2012-2017) as accepted by the National Development Council was 8%.
Option (d) is incorrect because the target of development in the ‘vision paper’ of the 12th Five Year Plan (2012-2017) as accepted by the National Development Council was 8%.