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) Boothalingam Committee
(b) Bhanu Pratap Singh Committee
(c) Wanchoo committee
(d) Aggrawal Committee
The correct answers to the above question in:
Answer: (b)
Bhanupratap Singh committee on agriculture report in 1990 recommended that agricultural enterprises should be treated as industries.
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Read more planning economic development five year plans Based Indian Economy Questions and Answers
Question : 1
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 : 2
The National Development Council (NDC) :
- discusses the progress of the National plan.
- suggests the ways to achieve the goals of the national plan.
- gives guidelines to formulate the National plan.
- suggests plan allocation.
a) 2, 3 and 4
b) 1, 2 and 4
c) 1, 2 and 3
d) All of the above
Answer »Answer: (c)
National Development Council aims
- to prescribe guidelines for the formulation of the National Plan, including the assessment of resources for the Plan;
- to consider the National Plan as formulated by the Planning Commission;
- to consider important questions of social and economic policy affecting national development; and
- to review the working of the Plan from time to time and to recommend such measures as are necessary for achieving the aims and targets set out in the National Plan.
Question : 3
National Rural Employment Guarantee Act ensures that the
- Centre bears 75% of the cost of wages of unskilled manual workers.
- State government provides 100 days of work to every member of a household in a financial year.
a) 1 only
b) Both 1 and 2
c) 2 only
d) Neither 1 nor 2
Answer »Answer: (c)
Question : 4
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 : 5
Which one of the following statements is true?
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.
Answer »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.
Question : 6
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.
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