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 : 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

The correct answers to the above question in:

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.

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

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 : 2

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 : 3

Planning Commission of India

  1. was set up in 1950
  2. is a constitutional body.
  3. is an advisory body
  4. is a government department

a) 1 and 2

b) 1 and 3

c) 2 and 3

d) 3 only

Answer: (b)

Question : 4

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

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.

Question : 5

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 : 6

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

Recently Added Subject & Categories For All Competitive Exams

Top Clock Aptitude Questions and Answers PDF IBPS Clerk 2024

Recent Important IBPS Clerk Prelims 2024 Aptitude Clock MCQ Questions and answers with easy and logical explanation, PDF. Topic wise Free online practice test

10-May-2024 by Careericons

Continue Reading »

New Time and Distance Aptitude MCQ PDF for IBPS Clerk 2024

Latest Time and Distance multiple choice questions and answers with solution PDF for IBPS Clerk Prelims 2024. Practice Speed Aptitude based Objective Mcq

09-May-2024 by Careericons

Continue Reading »

Word Formation Objective Questions MCQs for IBPS Clerk 2024

Current year Important Objective Questions and Answers with Explanation for IBPS Clerk Prelims 2024 exam. English Vocabulary multiple choice practice exercises

08-May-2024 by Careericons

Continue Reading »

Time and work Questions with Solution PDF IBPS Clerk 2024

Free Time and Work Quants Aptitude concepts based Multiple Choice Questions and Answers Practice Test, Downloadable Quiz PDF for IBPS Clerk Prelims 2024 Exam

07-May-2024 by Careericons

Continue Reading »