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Question

Difficulty: MediumEconomic Planning History, NITI Aayog, and Structural Reforms

Match the economic planning milestones and institutional frameworks in List-I with their corresponding features or objectives in List-II:

  • Fifth Five-Year PlanFocus on poverty alleviation ('Garibi Hatao') and economic self-reliance
  • National Development Council (NDC)Apex body established in 1952 for reviewing and approving Five-Year Plans
  • Team India Hub (NITI Aayog)Dedicated division facilitating state-centre engagement and cooperative federalism
  • Rangarajan Committee (1993)Formulation of criteria and procedures for disinvestment in Public Sector Enterprises

Answer

The correct pairings are: the Fifth Five-Year Plan matches with poverty alleviation ('Garibi Hatao') and self-reliance; the National Development Council matches with the apex body established in 1952 for reviewing Five-Year Plans; the Team India Hub matches with the dedicated division facilitating state-centre engagement within NITI Aayog; and the Rangarajan Committee (1993) matches with the formulation of criteria for disinvestment in Public Sector Enterprises.
Each item in List-I directly corresponds to its correct historical objective or institutional role in List-II: the Fifth Plan targeted poverty removal; the NDC approved planning drafts; the Team India Hub handles state-centre coordination; and the Rangarajan Committee specified disinvestment norms for PSEs.

Step-by-Step Solution

1
Identify the primary objective of the Fifth Five-Year Plan
The Fifth Plan (1974–1978) prioritized 'Garibi Hatao' (Poverty Removal) and self-reliance.
This establishes the match for the Fifth Five-Year Plan.
2
Examine the role of the National Development Council (NDC)
Set up in 1952, the NDC was presided over by the Prime Minister to approve national Five-Year Plans drafted by the Planning Commission.
This establishes the match for the National Development Council.
3
Analyze the operational setup of NITI Aayog
NITI Aayog features the Team India Hub, which coordinates between central ministries and state governments to foster cooperative federalism.
This establishes the match for the Team India Hub.
4
Determine the mandate of the 1993 Rangarajan Committee
Formed as part of early post-1991 structural reforms, the committee laid down procedures for public sector equity disinvestment.
This establishes the match for the Rangarajan Committee.

Key Concept

History of Economic Planning, NITI Aayog Architecture, and Post-1991 Structural Reform Committees
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Topics

Economic Planning History, NITI Aayog, and Structural Reforms