planning economic development & five year plans section 8 MCQ Questions & Answers Detailed Explanation

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Questions : The theme of the approach paper of the Eleventh Five Year Plan has been :

(a) Growth with social justice

(b) Towards faster and more inclusive

(c) Indicative planning

(d) Planning for prosperity

The correct answers to the above question in:

Answer: (b)

Faster and more inclusive growth is the theme of the approach paper of the Eleventh five year plan.

The Inclusive Growth in the eleventh plan has the objectives of

  • increasing GDP,
  • Agricultural GDP,
  • Increasing work opportunities,
  • developing education,
  • providing clean drinking water,
  • reducing malnutrition,
  • increasing energy efficiency,
  • healthcare facilities,
  • road connectivity,
  • broadband connectivity to villages,
  • increasing forest etc.

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Read more planning economic development five year plans Based Indian Economy Questions and Answers

Question : 1

Which one of the following Five year plans of Indian Economy was terminated by the Janata Government?

a) Fifth Five Year Plan

b) Seventh Five Year Plan

c) Fourth Five Year Plan

d) Eighth Five Year Plan

Answer: (a)

The fifth FYP was launched and planned for the period 1974-79 but the Janata government came in power in 1978 and ended the plan prematurely in 1978. The Janata government launched the sixth FYP for the period 1978-1983.

Congress government when came into power in 1980 abandoned the sixth FYP and launched a new sixth FYP for the period 1980-1985.

Question : 2

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) only 2

b) Both 1 and 2

c) only 1

d) Neither 1 nor 2

Answer: (d)

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.

Question : 3

Which plan emphasised optimum utilisation of capacities, improvement in productivity and establishment of sunrise industries”?

a) Sixth Plan

b) Fifth Plan

c) Seventh plan

d) Second Plan

Answer: (a)

Question : 4

The basic objective of Fifth Five Years Plan was

a) Exclusive growth

b) Poverty Removal

c) Inclusive growth

d) Reforms in public distribution system

Answer: (b)

Question : 5

Consider the following statements :

  1. Indo-china war had hampered the proper progress and implementation of Fourth Five Year Plan in India.
  2. In the Indian Economy, the plan Holiday took place during 1966 to 1969
Which of the statements given above is/are correct?

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Answer: (a)

Despite big investments, during the first three Plans, the living standards of the poor could not be raised and poverty and inequity in the distribution of state resources remained stark.

Consequently, the period between 1966 and 1969 marked the shift from a ‘growth approach’ to a ‘distribution from growth approach’. Looking at the failures and pitfalls the planners suspended the impending Fourth Plan, which was due in 1966, until 1969 for a revision of objectives and targets.

This was called the ‘Plan Holiday’ extending from 1 April 1966 to 31 March 1969.

Question : 6

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

a) Maharashtra

b) Bihar

c) Gujarat

d) Rajasthan

Answer: (b)

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.

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