Answer» Correct Answer - Option 3 : Both 1 and 2
The correct answer is Both 1 and 2. - Indian Statistical Institute in Calcutta was founded by Prasanta Chandra Mahalanobis.
- For his contributions, Mahalanobis has been considered the father of modern statistics in India.
- Therefore statement 1 is correct.
- The Second Five Year Plan(1956-61) was based upon the Mahalanobis model and it emphasized the industrial sector, particularly heavy industries.
- Mahalanobis played a key role in formulating the plan. Hence statement 2 is correct.
- Five year plans details are as below-
- 1. First - 1951-1956, it was based on the Harrod-Domar Model.
- 2. Second - 1956-61, PC Mahalanobis Model.
- 3. Third- 1961-66 - Gadgil Plan
- 4. Plan Holidays - 1966-69
- 5. Fourth - 1969 to 1974, under the leadership of Indira Gandhi.
- 6. Fifth - 1974-78, focused on Garibi Hatao.
- 7. Rolling Plan - 1978 to 1980.
- 8. Sixth - 1980 to 1985, based on Investment Yojna.
- 9. Seventh - 1985-90, under Rajiv Gandhi's leadership.
- 10. Annual Plans - 1990-92.
- 11. Eight Plan - 1992-97, priority given to the development of human resources.
- 12. Ninth Plan - 1997-02, focused on 'growth with justice and equality'.
- 13. Tenth Plan - 2002-07 - focused to double per capita income.
- 14. Eleventh Plan - 2007-12 - prepared by C Rangarajan.
- 15. Twelfth Plan - 2012-17- the theme was 'faster, more inclusive, and sustainable growth'.
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