Question
In 1977, Government introduced rolling plan. A rolling plan is a plan for?
Solution
The Janta Government terminated the fifth five year plan in 1977-78 and launched its own sixth five year plan for period 1978-83 and called it a Rolling Plan. The meaning of the Rolling Plan was that now, every year the performance of the plan will be assessed and a new plan will be made next year based upon this assessment.
More Economics Questions
- What economic system is characterized by a free-market economy?
- An increase in demand for a good will cause the equilibrium price to ______ and the equilibrium quantity to ______.
- The long-term fiscal policy aims to maintain the stability of which of the following?
- The Marginal cost of production of a commodity is
- Which country’s Capital topped the United Nations Environment Programme's report - Frontiers 2022: Noise, Blazes and Mismatches?
- If the cash reserve ratio (CRR) decreases, what will happen to credit creation?
- Which bank has been awarded the global 'Celent Model Bank' award under the category – 'Payments System Transformation'?
- The first Chairman of Finance commission was
- NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
- Which of the following is not an investment expenditure in goods and services?
