Select the correct statement/s from the following.
i. In the Tenth Plan period, the Indian economy grew at 7.7% per year.
ii. The targeted growth for the Eleventh Five Year Plan was 9% per year.
iii. In the Ninth Plan period, India realised a growth of 7.5% per year.
Correct Answer :
i and ii
Solution :
The correct option is i and ii.
Let's evaluate each statement step-by-step based on the historical data of India's Five-Year Plans:
1. Statement i: In the Tenth Plan period, the Indian economy grew at 7.7% per year.
The Tenth Five-Year Plan was in effect from 2002 to 2007. The plan set an ambitious target growth rate of 8.0% per annum. During this period, the Indian economy achieved a commendable actual growth rate of 7.7% per year. Therefore, this statement is correct.
2. Statement ii: The targeted growth for the Eleventh Five Year Plan was 9% per year.
The Eleventh Five-Year Plan spanned from 2007 to 2012. It aimed for rapid and inclusive growth, setting a target growth rate of 9.0% per year (the actual achievement was around 8.0%). Therefore, this statement is correct.
3. Statement iii: In the Ninth Plan period, India realised a growth of 7.5% per year.
The Ninth Five-Year Plan covered the period from 1997 to 2002. The target growth rate for this plan was set at 6.5% per year, while the actual realized growth rate was around 5.7% per year, which is significantly lower than 7.5%. Therefore, this statement is incorrect.
Since statements i and ii are correct, the correct choice is "i and ii".
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