Consider the following statements in context with India’s planning experience:

  1. A planning in the sense of formal projections on the basis of the certain sets of assumptions started only in the Second Fiver Year Plan in India
  2. The Theoretical assumptions in the second Fiver year plan were provided by Mahalanobis Model of growth
  3. The Mahalanobis Model of growth incorporates the possibilities opened up by the Foreign Trade

Which among the above statements is / are correct ?

[A] Only 1 is correct
[B] Only 1 & 2 are correct
[C] Only 2 & 3 are correct
[D] All are correct

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This question is part of UPSC Prelims Practice and Mock Tests membership programme.

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