Practice Planning economic development five year plans - indian economy mcq Online Quiz (set-2) For All Competitive Exams

Q-1)   By which one of the following years does the th Five Year Plan aim at achieving 0% rural tele-density in India from the present .9%?

(a)

(b)

(c)

(d)

Explanation:

The aim of th Five Year Plan is to connect every village by telephone and provide broadband connectivity to all villages by 202.


Q-2)   According to the 14th Finance Commission, the percentage share of States in the net proceeds of the shareable Central tax revenue should be

(a)

(b)

(c)

(d)


Q-3)   In India which of the following Five Year Plans was launched with a focus on sustainable growth?

(a)

(b)

(c)

(d)


Q-4)   As against a target of 4 per cent, the average annual growth rate of first four years of the 12th Five Year Plan period (2012-17) in agriculture and allied sector was

(a)

(b)

(c)

(d)

Explanation:

Agriculture sector grew by an average 1.6 per cent per annum in first four years of the ongoing Five Year Plan (2012-17) as against the targeted 4 per cent annual growth due to lower production.


Q-5)   According to the Tenth Finance Commission the share of resources to be transferred to states from the divisible pool will be

(a)

(b)

(c)

(d)


Q-6)   Consider the following statement:
  1. The Planning Commission was established in 1950, by Article 39 of the Directive Principles of the Constitution of India.
  2. Prime Minister, Narendra Modi dissolved the planning commission in his first Independence Day speech in 2014. It has since been replaced by a new institution named Niti Aayog.
Which among the following statement is not true?

(a)

(b)

(c)

(d)

Explanation:

The Planning Commission was established in 1950, by Article 39 of the Directive Principles of the Constitution of India.

The planning commission (yojana Aayog) was an institution in the government of India, which formulated India’s five-year plans, among other functions.

Prime Minister Narendra Modi announced his intention to dissolve the planning commission in his first Independence Day speech in 2014. It has since been replaced by a new institution named Niti Aayog.


Q-7)   In the context of the food and nutritional security of India, enhancing the ‘Seed Replacement Rates’ of various crops helps in achieving the food production targets of the future. But what is/are the constraints/ constraints in its wider/greater implementation?
  1. There is no National Seeds Policy in place
  2. There is no participation of private sector seed companies in the supply of quality seeds of vegetables and planting materials of horticultural crops
  3. There is a demand-supply gap regarding quality seeds in case of low value and high volume crops
Options:

(a)

(b)

(c)

(d)

Explanation:

A low seed replacement rate (SRR) is one of the main reasons for low productivity in India but the realisation has finally dawned on farmers in the agrarian state.

SRR is a measure of how much of the total area of the crop has been sown with certified, quality seeds rather than farm-saved seeds.

However, the present supply of the best quality of developed seed is not adequately available so there is a demand-supply gap regarding quality seeds. Agricultural development is a major characteristic of India.


Q-8)   Consider the following statements :
  1. Jawahar Rozgar Yojana was launched in the Seventh Five Year Plan.
  2. Small-scale and food processing industries were given new impetus in Seventh Five Year Plan.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

Jawahar Rozgar Yojna was launched on April 1, 1989, by merging National Rural Employment Program (NREP) and Rural Landless Employment Guarantee Programme (RLEGP).

In Seventh Five Year Plan the smallscale and food processing industries were given new impetus as the plan laid stress on improving the productivity level of industries by upgrading technology.


Q-9)   Consider the following statements :
  1. LPG model of the Indian Economy was fully implemented in the Eighth Five Year plan.
  2. The Eighth plan envisaged an annual average growth rate of 5.6% but the real growth rate was 6.8%.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

The economy of India had undergone significant policy shifts at the beginning of the 1990s at the time of the eighth plan. This new model of economic reforms is commonly known as the LPG or Liberalization, Privatization and Globalization model.

LPG model of economic development in India was proposed by Dr Manmohan Singh, economist and finance minister at that time.

Moreover, the Eighth plan envisaged an annual average growth rate of 5.6% but the real growth rate was 6.8%.


Q-10)   Consider the following statements :
  1. In the 11th Five Year Plan, the growth rate of the agriculture sector was above 4%.
  2. In the 11th Five Year Plan, the agriculture sector contributed more than 25% to the overall GDP of India.
Which of the statements given above is/are correct?

(a)

(b)

(c)

(d)

Explanation:

In the 11th Five Year Plan, the growth rate of the agriculture sector was 3.3% and the agriculture sector contributed 15.2 % to the overall GDP of the country.

Thus Both the given statements regarding the 11th Five Year Plan are not correct.


Q-11)   The slogan of ‘poverty abolition’ was given in which Five Year Plan?

(a)

(b)

(c)

(d)

Explanation:

The slogan of ‘poverty abolition’ was given by Indira Gandhi in 1971 and it was implemented during the Fifth Five Year Plan 1974–79.

Gandhi promised to reduce poverty by targeting the consumption levels of the poor and enact wide-ranging social and economic reforms.

  • 2nd plan - ‘Socialist pattern & life’
  • 4th plan - ‘Garibi Hatao’
  • 6th plan - ‘‘Rolling plan’ taken from Japan coined by Gunnar Myrdal.


Q-12)   The Planned Development Model was adopted in India from

(a)

(b)

(c)

(d)


Q-13)   Which of the following Five Year Plans witnessed the highest growth rate in India?

(a)

(b)

(c)

(d)


Q-14)   As per the data, which among the following states of India has recorded highest growth rate in 11th Five Year Plan?

(a)

(b)

(c)

(d)

Explanation:

Bihar has recorded a growth rate of 11.95% annually during the 11th Five Year Plan — the highest among states.

The state is, however, way behind as far as it's annual per capita income is concerned — ` 25,653 as against the national average of ` 60,972.


Q-15)   Which of the following is/are not features of the Digital India programme initiated by the Government recently:
  1. Broadband connectivity at village level
  2. improved access to services through IT-enabled platforms
  3. increased indigenous production of IT hardware and software for exports and improved domestic availability
  4. supply of computers free of cost to rural youths above 21 years in selected districts

(a)

(b)

(c)

(d)

Explanation:

Digital India is an initiative of the Government of India to integrate the government departments and the people of India. It aims at ensuring the government services are made available to citizens electronically by reducing paperwork. The initiative also includes a plan to connect rural areas with high-speed internet networks.

Digital India has three core components. These include the creation of digital infrastructure, delivering services digitally and digital literacy. It aims to supply computers free of cost to rural youths above 21 years in selected districts.


Q-16)   During which plan was the National Bank for Agriculture and Rural Development (NABARD) established to facilitate the rural credit and agriculture development?

(a)

(b)

(c)

(d)

Explanation:

National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters in Mumbai.

It was established on 12 July, 1982 in sixth five-year plan by a special act by the Parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture and rural non-farm sector.


Q-17)   The government introduced an agricultural strategy which gave rise to green revolution in India under the plan

(a)

(b)

(c)

(d)

Explanation:

Under the Third Five Year Plan, the government introduce an agricultural strategy that gave rise to the green revolution in India.

Under the Third Plan, the goal was to establish self-reliance and a self-generating economy. But the earlier plans had shown that agricultural production was the limiting factor so agriculture was given top priority.


Q-18)   In India, the concept of minimum needs and directed anti-poverty programmes were the innovation of :

(a)

(b)

(c)

(d)

Explanation:

In the fifth five year plan, the concept of ‘minimum needs’ and directed anti-poverty programmes were innovated.

The Minimum needs Programme aimed to establish a network of basic services to raise living standards and in reducing the regional disparities in development.

The basic needs of the people identified for this programme are Elementary Education, Adult Education, Rural Health, Rural Roads, Rural Electrification, Rural Housing. Moreover, it was during the plan, the slogan of ‘Garibi hatao’ was given to remove poverty.


Q-19)   Which of the following programmes is launched to develop basic infrastructure in the country?

(a)

(b)

(c)

(d)

Explanation:

Bharat Nirman programme is launched to develop basic infrastructure in the country.


Q-20)   Which among the following Five Year Plans of the Indian Economy adopted the indicative planning model?

(a)

(b)

(c)

(d)

Explanation:

During the Eighth Five Year Plan, the Indian Economy adopted the indicative planning model.

Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in the market and mixed economies in order to increase economic performance.

When utilizing indicative planning, the state employs “influence, subsidies, grants, and taxes.