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

Answer: (c)

Answer: (a)

CEO is appointed by the Prime Minister for a fixed tenure, in the rank of Secretary to the Government of India. Sindhushree Khullar appointed as the Chief Executive Officer.

Answer: (b)

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.

Answer: (a)

The National Development Council isthe final authority in India to adopt the Five Year Plan for the country. Prime Minister of India presides over the National Development Council of India.

Answer: (b)

The 4th Five Year 1969-74 was severely affected by the immigration of huge number of people from Bangladesh.

Answer: (b)

National Horticulture Mission (NHM) is an Indian horticulture scheme promoted by the Government of India. It was launched under the 10th Five-Year Plan in the year 2005–06.

The NHM’s key objective is to develop horticulture to the maximum potential and to augment the production of all horticultural products(fruits, vegetables, flowers, plantation crops, spices, medicinal aromatic plants).