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

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.

Answer: (d)

The planned economy is based on the mixed economy system.

The concept of a mixed economy evolved from the ideas of Keynes. The concept of Mixed Economy means that both private enterprises and public enterprises coexist.

However, the condition attached is that the private enterprises must work for serving society rather than having only self-interest.

Further, private enterprises may not be allowed in every sector of the economy like area of national importance.

Answer: (d)

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: (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)