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
(a) The National Development Council is presided over by the Prime Minister of India.
(b) CEO of the NITI Aayog is also the secretary of the National Development Council.
(c) Prime Minister is the chairman of NITI Aayog of India.
(d) NITI Aayog is the highest decision making body for planning in India.
The correct answers to the above question in:
Answer: (c)
Union Government on 1 January 2015 set up the National Institution for Transforming India (NITI) Aayog.
NITI Aayog that replaced the 65-year-old Planning Commission will be headed by Prime Minister.
It will have a governing council comprising Chief Ministers of all the states and Lt. Governors of Union Territories.
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Read more planning economic development five year plans Based Indian Economy Questions and Answers
Question : 1
Consider the following statements :
- The Fourth Five Year Plan period is from 1966-71.
- The Fourth Five Year Plan sought to raise the standard of living through programmes designed to promote equality and social justice.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (a)
The Fourth Five Year Plan period is from 1969- 74 and it sought to raise the standard of living through programmes designed to promote equality and social justice.
Question : 2
Which committee was related with the policies and programme for Agriculture?
a) Boothalingam Committee
b) Bhanu Pratap Singh Committee
c) Wanchoo committee
d) Aggrawal Committee
Answer »Answer: (b)
Bhanupratap Singh committee on agriculture report in 1990 recommended that agricultural enterprises should be treated as industries.
Question : 3
Inclusive growth would necessitate :
a) Development of infrastructural facilities
b) Increase availability of social services such as education and health.
c) Revival of agriculture
d) All the above.
Answer »Answer: (d)
Inclusive growth is a concept that involves the equitable allocation of resources during the process of economic growth with benefits incurred by every section of society.
Inclusive growth necessitates the development of infrastructural facilities, the revival of agriculture and also increases the availability of social services such as education and health.
Question : 4
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 »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 : 5
Consider the following components of the PURA model of economic development:
- Facilitate road connectivity in villages.
- Enhancement of electricity in rural areas.
- Establishment of cyber cafe in villages.
- Construction of hospitals in rural areas.
a) 1, 2 and 4
b) 1, 2 and 3
c) 1 and 4
d) 1, 2, 3 and 4 all
Answer »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 : 6
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 »Answer: (a)
The provision behind the establishment of Planning Commission in 1950 was an executive order.
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