Previous Year Question
Consider the following events and arrange these in chronological order:
I. Garibi Hatao
II. Bank Nationalization
III. Beginning of Green Revolution
Select correct answer from the codes given below:
Codes:
I, II and III
II, I and III
III, II and I
III, I and II
Correct Answer: C
Detailed Solution
III. Beginning of Green Revolution: The Green Revolution in India began in the mid-1960s. According to ICAR, the major period of the Green Revolution was 1966-1979. High Yielding Varieties, irrigation, fertilizers and improved agricultural practices led to a rapid increase particularly in wheat and rice production.
II. Bank Nationalization: Thereafter, 14 major commercial banks were nationalised in 1969. The objective was to direct banking resources towards broader economic and social development priorities and expand the banking network.
I. Garibi Hatao: The slogan ‘Garibi Hatao’ is prominently associated with the 1971 General Election. Thus, it comes after both bank nationalisation and the beginning of the Green Revolution.