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    Question

    Which Five Year Plan in India is often referred to as

    the Rao-Manmohan Singh Model of economic liberalization? 
    A First Five Year Plan Correct Answer Incorrect Answer
    B Third Five Year Plan Correct Answer Incorrect Answer
    C Seventh Five Year Plan Correct Answer Incorrect Answer
    D Eighth Five Year Plan Correct Answer Incorrect Answer

    Solution

    The Eighth Five Year Plan (1992-1997) is often hailed as the Rao-Manmohan Singh Model of economic development. This plan marked a significant shift in India's economic strategy, focusing on liberalization, privatization, and globalization, which led to substantial economic reforms and growth during this period.

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