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      Question

      The Gadgil formula was adopted for which Five-year

      plan/s?
      A Second Five Year Plan Correct Answer Incorrect Answer
      B Second & Third Five Year Plan Correct Answer Incorrect Answer
      C Fourth & Fifth Five Year Plan Correct Answer Incorrect Answer
      D Third & Fourth Five Year Plan Correct Answer Incorrect Answer
      E Fourth Five Year Plan Correct Answer Incorrect Answer

      Solution

      The Gadgil formula is named after Dhananjay Ramchandra Gadgil, a social scientist and the first critic of Indian planning. It was evolved in 1969 for determining the allocation of central assistance for state plans in India. Gadgil formula was adopted for distribution of plan assistance during Fourth and Fifth Five Year Plans.

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