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
List I | List II |
(Date of Launch) | (Scheme) |
I. 2007 | a. Aam Admi Bima Yojana |
II. 2009 | b. Bachat Lamp Yojana |
III. 2015 | c. Atal Pension Yojana |
(a) I-a, II-b, III-c
(b) I-b, II-c, III-a
(c) I-c, II-b, III-a
(d) I-c, II-c, III-b
The correct answers to the above question in:
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.
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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 National Development Council (NDC) was constituted in 1948.
- The National Development Council (NDC) is an extra-constitutional body.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »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.
Question : 2
In India, mergers and acquisition of firms are regulated by
a) Competition Commission of India
b) Security and Exchange Board of India
c) National Manufacturing Competitiveness Council
d) Department of Industrial Policy and Promotion
Answer »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
Question : 3
Golden Quadrangle project is associated with the development of
a) Power Grids
b) Ports
c) Highways
d) Tourism Network
Answer »Answer: (c)
The Golden Quadrangle project is associated with the development of Highways. The Golden Quadrilateral is a highway network connecting many of the major industrial, agricultural and cultural centres of India.
A quadrilateral of sorts is formed by connecting Delhi, Mumbai, Kolkata and Chennai, and hence its name.
Question : 4
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 : 5
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 : 6
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.
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