Development Strategies | MCQs

Explanation

• First Five-Year Plan (1950-1955): Presented by Prime Minister Liaquat Ali Khan on July 8, 1948.
• Second Five-Year Plan (1960-1965): Revived and restated by President Ayub Khan's military government.
• Third Five-Year Plan (1965-1970): Designed like its predecessor, resulting in only modest growth.
• Fourth Five-Year Plan (1970-1975): Abandoned after the fall of Dhaka and replaced with a nationalization program.
• Fifth Five-Year Plan (1978-1983): Aimed to stabilize the economy and improve living standards for the poorest segment of the population.

Explanation

The first five-year plans were approved by Prime Minister Ali Khan in 1950 for the period of 1950–55.

List of Five-Year Plans of Pakistan:

1.      First Five-Year Plans (1955–1960)

2.      Second Five-Year Plans (1960–1965)

3.      Third Five-Year Plans (1965–1970)

4.      Fourth Five-Year Plans (1970–1975)

5.      Fifth Five-Year Plans (1978–1983)

6.      Sixth Five-Year Plan (1983–88)

7.      Seventh Five-Year Plan (1988–93)

8.      Eighth Five-Year Plan (1993–98)

Explanation

Agriculture is the art and science of cultivating the soil, growing crops and raising livestock.