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

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

Questions : 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

The correct answers to the above question in:

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.

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

Question : 1

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 : 2

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 : 3

What is the growth rate aimed at in the Eighth Five Year Plan?

a) 7%

b) 5.6%

c) 6.5%

d) 6%

Answer: (b)

Question : 4

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 : 5

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 : 6

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)

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