planning economic development & five year plans section 9 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
- MNREGA was launched in the 11th Five Year Plan.
- Indira Awas Yojana was launched in the 9th Five Year Plan.
(a) 2 only
(b) 1 and 2 both
(c) 1 only
(d) None
The correct answers to the above question in:
Answer: (a)
The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) is an Indian law that aims to guarantee the ‘right to work’ and ensure 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.
Mahatma Gandhi NREGA 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.
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Question : 1
Consider the following statements regarding Indian planning.
- Inclusive growth is a concept, which involves equitable allocation of resources.
- Inclusive growth as enunciated in the eleventh Five Year Plan also includes strengthening of capital market.
a) 2 only
b) 1 and 2
c) 1 only
d) None
Answer »Answer: (c)
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 as enunciated in the Eleventh Five Year Plan does not include the strengthening of the capital market.
The Inclusive Growth in Eleventh Plan has the objectives of increasing GDP, agricultural GDP, increase work opportunities, developing education, provide clean drinking water, reduce malnutrition, increasing energy efficiency, healthcare facilities, road connectivity, broadband connectivity to villages, increasing forest, etc.
Question : 2
Which of the following is not a millennium development goal?
a) Universal primary and secondary education.
b) The eradication of extreme poverty and hunger.
c) Reducing the child mortality rate.
d) Gender equality and empowerment of women.
Answer »Answer: (a)
Question : 3
Consider the following:
- Low per capita income
- Low rate of capital formation
- Working force largely in the tertiary sector
a) 1 & 2
b) 1 & 3
c) 2 & 3
d) 1, 2 & 3
Answer »Answer: (a)
Question : 4
Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following
a) Reduction of gender inequality
b) Reduction of poverty
c) Strengthening of capital market
d) Extension of employment opportunities
Answer »Answer: (c)
Question : 5
Consider the following statements:
- Average annual growth target of 12th Five Year Plan is 9%.
- Average annual growth of the agriculture sector in the Eleventh Five Year Plan was 4%.
a) 2 only
b) 1 and 2 both
c) 1 only
d) None
Answer »Answer: (d)
Average annual growth target of 12th Five Year Plan is 8%. Average annual growth of the agriculture sector in the Eleventh Five Year Plan was 3.3%.
Question : 6
NITI AAYOG is defined as:
- The National Institution for Transforming India aayog
- It has replaced YojanaAayog by Prime Minister, Narendra Modi
- Niti Aayog provides less opportunity than Yojana Aayog
a) 1 only
b) 1 and 2
c) 2 only
d) 1 and 3
Answer »Answer: (b)
Nitiaayog (The NationalInstitution for Transforming India AAYOG) was established by Prime Minister Narendra Modi (chairperson) to replace the planning commission.
Nitiaayog will provide opportunities that the previous planning commission structure lacked, to represent the economic interests of the state governments and union territories of India.
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