Match plans with annual growth rate of National Income at2004–05 prices. Match List–I with List–II.…
Growth of national income was lowest in the Ninth Plan (1997–2002), at about 5.5 percent, when the economy slowed after the East Asian crisis. It was about 6.7 percent in…
Choose your answer
Match plans with annual growth rate of National Income at2004–05 prices.
Match List–I with List–II.
| List–I | List–II |
|---|---|
| i. Eighth Plan | a. 5.5 percent |
| ii. Ninth Plan | b. 6.7 percent |
| iii. Tenth Plan | c. 7.5 percent |
| iv. Eleventh Plan | d. 7.8 percent |
Codes in List–I order:
Answer and explanation
Correct answer A
Growth of national income was lowest in the Ninth Plan (1997–2002), at about 5.5 percent, when the economy slowed after the East Asian crisis. It was about 6.7 percent in the Eighth Plan (1992–97), rose to about 7.5 percent in the Tenth Plan (2002–07) and was highest, about 7.8 percent, in the Eleventh Plan (2007–12), measured at 2004–05 prices. So the plans in order match b, a, c, d; any code that gives the Ninth Plan a high figure misses the slowdown of the late 1990s.
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UGC NET Economics