The correct answer is: A. 1951
The First Five Year Plan (FYP) was the first of five five-year plans implemented by India’s Planning Commission. It was launched in 1951 and covered the period from 1951 to 1956. The main objectives of the FYP were to increase agricultural production, expand industrial capacity, and improve infrastructure.
The FYP was a success in many ways. Agricultural production increased by 20%, industrial production increased by 30%, and infrastructure was improved significantly. However, the FYP also had some shortcomings. For example, it did not do enough to address the problem of poverty.
Overall, the FYP was a positive step for India. It helped to lay the foundation for the country’s economic development in the years to come.
Here is a brief explanation of each option:
- A. 1951: The First Five Year Plan was launched in 1951.
- B. 1950: The First Five Year Plan was not launched in 1950.
- C. 1952: The First Five Year Plan was not launched in 1952.
- D. 1949: The First Five Year Plan was not launched in 1949.