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

MOST IMPORTANT indian economy mcq - 10 EXERCISES

Top 30,000+ Indian Economy Memory Based Exercises

The following question based on Planning, Economic Development & Five year Plans topic of indian economy mcq

Questions : 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

The correct answers to the above question in:

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.

Practice Planning, Economic Development & Five year Plans (planning economic development & five year plans section 8) Online Quiz

Discuss Form

Valid first name is required.
Please enter a valid email address.
Your genuine comment will be useful for all users! Each and every comment will be uploaded to the question after approval.

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

Question : 1

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 : 2

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 : 3

Consider the following statement

  1. The plan holiday was declared for three years as there was discontinuity in the planning process.
  2. Plan period was from 1965-1968
Which among the following Statement is correct:

a) 1 only

b) 1 and 2

c) 2 only

d) 1 and 3

Answer: (a)

After the disastrous experience of the Third Plan, a plan holiday was declared for three years. This period was named as Plan Holiday as there was discontinuity in the planning process. Gap in Plan Period (1966-69)

Question : 4

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

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.

Question : 5

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 : 6

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.

Recently Added Subject & Categories For All Competitive Exams

New 100+ Compound Interest MCQ with Answers PDF for IBPS

Compound Interest verbal ability questions and answers solutions with PDF for IBPS RRB PO. Aptitude Objective MCQ Practice Exercises all competitive exams

02-Jul-2024 by Careericons

Continue Reading »

100+ Mixture and Alligation MCQ Questions PDF for IBPS

Most importantly Mixture and Alligation multiple choice questions and answers with PDF for IBPS RRB PO. Aptitude MCQ Practice Exercises all Bank Exams

02-Jul-2024 by Careericons

Continue Reading »

IBPS Profit and Loss Questions Solved Problems with PDF

Most important Profit and Loss multiple choice questions and answers with PDF for IBPS RRB PO. 100+ Aptitude MCQ Practice Exercises all competitive exams

28-Jun-2024 by Careericons

Continue Reading »

100+ Average Aptitude Questions Answers solutions MCQ PDF

New Average multiple choice questions and answers with PDF for IBPS RRB PO. 100+ Quantitative Aptitude MCQ Practice Exercises all competitive exams

28-Jun-2024 by Careericons

Continue Reading »