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) Indira Gandhi Government (1980)
(b) Rajiv Gandhi Government (1985)
(c) Janata Party Government (1977)
(d) P.V. Narsimha Rao Government (1990)
The correct answers to the above question in:
Answer: (d)
The economy of India had undergone significant policy shifts at the beginning of the 1990s.
This new model of economic reforms is commonly known as the LPG or Liberalization, Privatization and Globalization model.
LPG model of economic development in India was proposed by Dr Manmohan Singh, economist and finance minister at that time under the PV Narshimha Rao Government in 1990.
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Read more planning economic development five year plans Based Indian Economy Questions and Answers
Question : 1
Consider the following two statements and answer the question–
- The rural poverty alleviation programme will henceforth run on mission mode.
- National Rural Livelihood Mission is centrally sponsored programme implemented by the states.
a) Only I is correct
b) Both I and II are correct
c) Only II is correct
d) None is correct
Answer »Answer: (b)
Question : 2
Consider the following statements :
- MNREGAwaslaunched in the 11th five year plan.
- Indira Awas Yojana was launched in the 9th Five Year Plan.
a) only 2
b) Both 1 and 2
c) only 1
d) Neither 1 nor 2
Answer »Answer: (a)
The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) is an Indian law that aims to guarantee the ‘right to work’ and ensures livelihood security in rural areas by providing at least 100 days of guaranteed wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work.
MNREGA was launched in 200 select districts in 2006. However, Indira Awas Yojana was launched in the 9th Five Year Plan to provide housing for the rural poor in India.
Question : 3
The government introduced an agricultural strategy which gave rise to Green Revolution in India under the plan
a) Fourth Five Year Plan
b) Fifth Five Year Plan
c) Third Five Year Plan
d) Sixth Five Year Plan
Answer »Answer: (c)
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.
Question : 4
Which one of the following pairings is not correct about the Five Year Plan of India?
a) Fourth Five Year Plan : 1966-71
b) Eighth Five Year Plan : 1990-95
c) First Five Year Plan : 1951-56
d) Both (a) and (b)
Answer »Answer: (d)
First Five Year Plan: 1951-56,
Fourth Five Year Plan: 1969-74,
Eighth Five Year Plan: 1992-97.
Thus the period of the First Five Year Plan of India is 1951-56 which is only the correct paring in the given statements.
Question : 5
In which one the following Five Year Plans the actual growth performance in India in respect of GDP(at factor cost) was less than the target set ?
a) Seventh Five Year Plan
b) Sixth Five Year Plan
c) Ninth Five Year Plan
d) Eighth Five Year Plan
Answer »Answer: (c)
The revised targeted annual rate of growth of 9th plan was 6.5% while the actual growth rate was 5.5%.
Question : 6
In India which of the following Five Year Plans was launched with a focus on sustainable growth?
a) 12th
b) 9th
c) 11th
d) 10th
Answer »Answer: (a)
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