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With reference to India’s Five Year Plans, which of the following statements is/are correct?

1. From the Second Five Year Plan, there was a determined thrust towards substitution of basic and capital goods industries.

2. The Fourth Five Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power.

3. In the Fifth Five Year Plan, for the first time, the financial sector was included as an integral part of the Plan.

Select the correct answer using the code given below.

I.A.S. (Pre) 2019

[Fiscal Policy, Inflation Planning and Banking]
A
B
C
D

EXPLANATION

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