Q. With reference to the rolling plan, which of the following statements is/are correct?
1. It was introduced by P V Narasimha Rao.
2. The rolling plan rejected the eighth five year Plan of the preceding Janata government.
Select the correct answer using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: D
Notes:

The rolling plan was introduced by the Janata party which formed a government led by Moraarji Desai.  

  • The rolling plan rejected the Fifth five year Plan of the preceding Congress government and then launched the rolling plan that could be revised as per the needs of the economy due to the inherent flexibility in the plan.  
  • Frequent revision of targets reduced accountability and also adversely affected the stability in the economy. 

Source: TMH Ramesh Singh