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

Questions : Who authored the book, ‘Planned Economy for India’?

(a) Pattabhi Sitaramayya

(b) M. Visvesvaraya

(c) G.D. Birla

(d) J.R.D. Tata

The correct answers to the above question in:

Answer: (b)

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Read more planning economic development five year plans Based Indian Economy Questions and Answers

Question : 1

Among the following who are eligible to benefit from the “Mahatma Gandhi National Rural Employment Guarantee Act”?

a) Adult members of below poverty line (BPL) households

b) Adult members of only the scheduled caste and scheduled tribe households

c) Adult members of any household

d) Adult members of households of all backward communities

Answer: (c)

All adult members of the household who registered can apply for work. To register, they have to : Be local residents

Question : 2

Who was the author of the book ‘Planned Economy for India’?

a) P.C. Mahalnobis

b) J.L. Nehru

c) Vishveswaraiyya

d) None of these

Answer: (c)

M. Vishveswaraiyya wrote the book ‘Planned Economy for India’. Sir Mokshagundam Vishveshwariah was a notable Indian engineer, scholar, statesman and the Diwan of Mysore from 1912 to 1918.

He was a recipient of the Indian Republic’s highest honour, the Bharat Ratna, in 1955.

Question : 3

Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one, of the following:

a) Extension of employment opportunities

b) Reduction of poverty

c) Reduction of gender inequality

d) Strengthening of capital market

Answer: (d)

Inclusive growth is ‘broad-based growth’, ‘shared growth’, and ‘pro-poor growth’.

It excludes the capital markets which is left to operate by themselves in the open market.

Question : 4

Structural unemployment arises due to:

a) heavy industry bias

b) deflationary conditions

c) inadequate productive capacity

d) shortage of raw materials

Answer: (c)

Question : 5

The Economic Planning Committee was established in the chairmanship of

a) Dr. Rajendra Prasad

b) J.L. Nehru

c) K.C. Niyogi

d) Ramkrishna Mudaliyar

Answer: (b)

After India gained independence, a formal model of planning was adopted, and the Planning Commission, was established on 5 March 950, with Prime Minister Jawaharlal Nehru as the chairman.

Question : 6

Which of the following were the priority objectives of the Eighth plan?

  1. Universalization of elementary education.
  2. Growth and diversification of agriculture.
  3. Containment of population growth.
  4. Gradual privatization of most public sector undertakings.
Choose your answer from the following codes

a) 1, 2 and 4

b) 1, 3 and 4

c) 2, 3 and 4

d) 1, 2 and 3

Answer: (d)

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