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 : Under which five year plan did the government introduce an agricultural strategy which gave rise to Green Revolution in India?

(a) Third Five Year Plan

(b) Sixth Five Year Plan

(c) Second Five Year Plan

(d) Seventh Five Year Plan

The correct answers to the above question in:

Answer: (a)

Under the third five year plan, the government introduced an agricultural strategy which gave rise to the green revolution in India.

Under the third plan, the goal was to establish self-reliance and a self-generating economy. But the earlier plans had shown that agricultural production was the limiting factor, so agriculture was given top priority.

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Question : 1

The Second Five Year Plan that called for the establishment of Socialist pattern of society was commonly referred to as the

a) Mahalanobis Plan

b) Nehru Plan

c) Harrod-Domar Plan

d) Peoples Plan

Answer: (a)

The Second Plan was particularly in the development of the public sector.

The plan followed the Mahalanobis model, an economic development model developed by the Indian statistician Prasanta Chandra Mahalanobis in 1953.

Question : 2

Which among the following plans adopted the policy for the universalization of elementary education in India?

a) Eighth Plan

b) Ninth Plan

c) Sixth Plan

d) Eleventh Plan

Answer: (b)

The Ninth Plan treats education as the most crucial investment in human development.

The plan had the national goal of providing primary education as a universal basic service, and the Supreme Court also declared education to be a fundamental right for children up to 14 years of age

Question : 3

The planning process in the industrial sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period.


Which one of the following is not true in this regard?

a) With markets assuming a central place, the role of central planning in many sectors has been rendered redundant

b) With the advent of liberalization, industrial investments/development have largely been placed within the domain of private and multinational sectors.

c) The nation’s priorities have shifted away from industrial development to rural development

d) The focus of planning has shifted to sectors like human resource development, infrastructure, population control and welfare.

Answer: (c)

Question : 4

The Rolling plan concept in National planning was introduced by

a) The Janta Party Government

b) The National Front Government

c) Indira Gandhi Government

d) Rajiv Gandhi Government

Answer: (a)

The Rolling plan concept in National planning was introduced by the Janata Party government. 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. The plan for the period, 1978–80, is called the rolling plan.

Question : 5

The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following?

  1. Deprivation of education, health, assets and services at household level.
  2. Purchasing power parity at national level.
  3. Extent of budget deficit and GDP growth rate at national level.
Select the correct answer using the codes given below:

a) 1 only

b) 1 and 3

c) 2 and 3

d) 1, 2 and 3

Answer: (a)

Deprivation of education, health, assets and services at household level

Question : 6

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)

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