planning economic development & five year plans section 9 MCQ Questions & Answers Detailed Explanation

Answer: (d)

Aam Admi Bima Yojana was launched in 2007,

Atal Pension Yojana was launched on May 9, 2015, and

Bachat Lamp Yojana was launched in 2009.

Answer: (a)

The National Development Council (NDC) is the apex body for decision making and deliberations on development matters in India, presided over by the Prime Minister.

It was set up on 6 August 1952 to strengthen and mobilize the efforts and resources of the nation in support of the Plan. It is an extraconstitutional and non-statutory body.

Answer: (a)

The Competition Act, 2002 prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and Merger and acquisition), which causes or is likely to cause an appreciable adverse effect on competition within India. Competition Commission of India was established on 14 October 2003 and became fully functional in May 2009.

It is a body of the Government of India responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India

Answer: (a)

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.

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.