planning economic development & five year plans section 7 MCQ Questions & Answers Detailed Explanation

Question : 1

Goal of Third Five Year Plan in India is

a) increase in share of private sector

b) equal distribution of Income

c) development of Backward castes

d) self sufficiency and to decrease dependency on foreign aids

Question : 2

Consider the following statements about ‘Rolling plan’ it is

1. A plan for single year.
2. A plan that is determined for 3, 4 or 5 years.
3. Reviewed every year according to the necessities of the economy.
4. A pre-requisite plan for 10, 15 or 20 years of these.

a) 1, 2, 3 and 4 are correct

b) Only 1 and 2 are correct

c) Only 2 and 3 are correct

d) Only 1 and 3 are correct

Question : 3

Use of energy requirements (calorie) as a measure of poverty in India was made for the first time by:

a) Dandekar and Rath

b) Amartya Sen

c) T. N. Srinivasan

d) Planning Commission

Question : 4

This type of unemployment can occur even in a situation of full employment.

a) Functional unemployment

b) Structural unemployment

c) Disguised unemployment

d) Cyclical unemployment

Question : 5

a) A – 4 ; B – 1 ; C – 2 ; D – 3

b) A – 2 ; B – 3 ; C – 4 ; D – 1

c) A – 4 ; B – 2 ; C – 1 ; D – 3

d) A – 2 ; B – 1 ; C – 4 ; D – 3

Question : 6

Consider the following statements about Indian Economy?

1. During 11th Five Year Plan, the foodgrain production steadily increased.
2. During 11th Five Year Plan, the average inflation on the wholesale price Index is above 10%.

a) only 2

b) Both 1 and 2

c) only 1

d) Neither 1 nor 2