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 : Which Five Year Plan in India gave emphasis on co-operative Federalism?

(a) Twelfth Five Year Plan

(b) Ninth Five Year Plan

(c) Eleventh Five Year Plan

(d) Tenth Five Year Plan

The correct answers to the above question in:

Answer: (b)

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Question : 1

The provision behind the establishment of Planning Commission in 1950 was

a) An executive order

b) A supreme court order

c) A constitutional amendment

d) A decision by the parliament

Answer: (a)

The provision behind the establishment of Planning Commission in 1950 was an executive order.

Question : 2

Consider the following components of the PURA model of economic development:

  1. Facilitate road connectivity in villages.
  2. Enhancement of electricity in rural areas.
  3. Establishment of cyber cafe in villages.
  4. Construction of hospitals in rural areas.
Which of the components given above is/are the major connectivity formulated by the PURA model?

a) 1, 2 and 4

b) 1, 2 and 3

c) 1 and 4

d) 1, 2, 3 and 4 all

Answer: (d)

Provision of Urban Amenities to Rural Areas (PURA) is a strategy for rural development in India. This concept was given by former president Dr A.P.J. Abdul Kalam. PURA proposes that urban infrastructure and services be provided in rural hubs to create economic opportunities outside of cities.

Physical connectivity by providing roads, electronic connectivity by providing communication network, and knowledge connectivity by establishing professional and technical institutions.

All the given statements are the components of the PURA model of economic development.

Question : 3

What was the main objective of the Third Five year Plan?

a) To ensure social development

b) To make economy self dependent

c) To establish heavy industries

d) For abolition of poverty

Answer: (b)

The main objective of the third five year plan was to make economy self-dependent. The third Five-year Plan stressed on agriculture and improvement in the production of wheat so as to be self-sufficient.

Question : 4

Consider the following statements :

  1. In the 11th Five Year Plan, the growth rate of the export was always positive.
  2. In the middle of the 11th Five Year Plan, the import growth was negative due to external factors.
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)

Regarding the 11th Five Year Plan, in the middle of the plan, the import growth was negative due to external factors and the growth rate of the export was negative during certain periods.

Question : 5

According to the Tenth Finance Commission the share of resources to be transferred to states from the divisible pool will be

a) 47.5%

b) 42%

c) 25%

d) 29%

Answer: (d)

Question : 6

Which of the following were the priority objectives of the Eighth plan?

  1. Universalization of elementary education.
  2. Growth and diversification of agriculture.
  3. Containment of population growth.
  4. Gradual privatization of most public sector undertakings.
Choose your answer from the following codes

a) 1, 2 and 4

b) 1, 3 and 4

c) 2, 3 and 4

d) 1, 2 and 3

Answer: (d)

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