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 : 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

The correct answers to the above question in:

Answer: (b)

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

Question : 1

The Rolling plan of the Indian Economy was started in which year?

a) 1980 – 1985

b) 1978 – 1983

c) 1966 – 1969

d) 2002 – 2007

Answer: (b)

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 : 2

The schemes of Urban Micro-Enterprises, Urban Wage Employment and Housing, and Shelter Upgradation are part of

a) Nehru Rozgar Yojana

b) Integrated Rural Development Programme

c) Prime Minister’s Rozgar Yojana

d) Jawahar Rozgar Yojana

Answer: (a)

Question : 3

Which among the following is not correct with regard to Sampoorna Garmeena Rozgar Yojana?

  1. The cash component of the programme is borne exclusively by the Central Government.
  2. Foodgrains are provided free of costs to the States/Union Territories.
Select the answer using the code given below:

a) 1 only

b) Both1 and 2

c) 2 only

d) Neither 1 Nor 2

Answer: (c)

Question : 4

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 : 5

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 : 6

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.

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