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What was the fundamental characteristic of the Rolling Plan?

  1. A
    Revision of the achievements of the previous year
  2. B
    No physical targets were envisioned
  3. C
    No financial targets were envisioned except for the annual plan period
  4. D
    It could consider the annual fluctuations of prices and major economic developments while fixing targets

Solution & Step-by-step Explanation

A rolling plan is flexible. Its target specifications, fiscal layouts, and timeframes are evaluated and revised dynamically each year, allowing adjustments for price changes, inflation, and unexpected macroeconomic fluctuations.

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What was the fundamental characteristic of the Rolling Plan?
A
Revision of the achievements of the previous year
B
No physical targets were envisioned
C
No financial targets were envisioned except for the annual plan period
D
It could consider the annual fluctuations of prices and major economic developments while fixing targets

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Five Year PlansEconomic PlanningPlanning Strategy

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