planning economic development & five year plans section 1 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 10 EXERCISES
-
500+ Five year Plans Economic Development & MCQs For UPSC »
-
GK Quiz on Indian Economic Planning, Development With PDF »
-
500+ Indian Economic Development & Planning MCQs Quiz PDF »
-
500+ Indian Economy Five year Plans MCQs Quiz For SSC RRB »
-
499+ Five year Plans Planning Development MCQ PDF For SSC »
-
500+ Planning & Indian Economic Development GK MCQ Quiz »
-
500+ Five year Plans Economic Development GK MCQ For IBPS »
-
Top Five Year Plan Questions And Answers PDF For SBI RBI »
-
1000+ Planning & Five year Plans MCQ PDF For TNPSC Exam »
-
New Five year Plans Economic Development MCQ PDF For IBPS »
The following question based on Planning, Economic Development & Five year Plans topic of indian economy mcq
(a) Fourth plan
(b) Fifth plan
(c) Second plan
(d) Sixth plan
The correct answers to the above question in:
Answer: (b)
The slogan of ‘poverty abolition’ was given by Indira Gandhi in 1971 and it was implemented during the Fifth Five Year Plan 1974–79.
Gandhi promised to reduce poverty by targeting the consumption levels of the poor and enact wide-ranging social and economic reforms.
- 2nd plan - ‘Socialist pattern & life’
- 4th plan - ‘Garibi Hatao’
- 6th plan - ‘‘Rolling plan’ taken from Japan coined by Gunnar Myrdal.
Practice Planning, Economic Development & Five year Plans (planning economic development & five year plans section 1) Online Quiz
Discuss Form
Read more planning economic development five year plans Based Indian Economy Questions and Answers
Question : 1
Consider the following statements :
- The state sets broad parameters and goals for the economy.
- The targets to be achieved are broadly set by the state.
- The plan is made for a specific time period of about 15 years.
a) 1, 2 and 3
b) 1 and 3
c) 1 and 2
d) only 1
Answer »Answer: (c)
Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in the market and mixed economies in order to increase economic performance.
Regarding indicative planning, the state sets broad parameters and goals for the economy and the targets to be achieved are broadly set by the state.
Question : 2
Consider the following statements
- Absolute Poverty: It refers to the total number of people living below the Poverty line. As per this measure, around 30% of India’s population is below the poverty line.
- Relative Poverty: It refers to the Poverty of people, in comparison to other people, regions in the nation.
a) 1 only
b) Neither 1 nor 2
c) 2 only
d) Both 1 and 2
Answer »Answer: (b)
Absolute Poverty: It refers to the total number of people living below the Poverty line. As per this measure, around 30% of India’s population is below the poverty line.
Relative Poverty: It refers to the Poverty of people, in comparison to other people, regions in the nation.
Question : 3
The Planned Development Model was adopted in India from
a) 1st May, 1965
b) 1st April, 1951
c) 26th January, 1950
d) 15th August, 1947
Answer »Answer: (b)
Question : 4
Human Poverty Index (HPI) measures the deprivation as a composite index of:
a) knowledge, basic needs and standard of living
b) longevity, nutrition and knowledge
c) longevity, knowledge, and standard of living
d) longevity, standard of living and sanitation
Answer »Answer: (c)
Question : 5
The Finance Commission is primarily concerned with recommending to the President about
a) the principle government grants-in-aid to be given to the states
b) distributing the net proceeds of the taxes between the centre and the states
c) Both (A) and (B)
d) Neither (A) nor (B)
Answer »Answer: (c)
Question : 6
Consider the following statements regarding Indian planning.
- The Second Five Year plan emphasized the establishment of heavy industries.
- The Third Five Year Plan aimed to achieve self-sufficiency in food grains and increase agricultural production to meet the requirements of industry and exports.
a) 2 only
b) 1 and 2 both
c) 1 only
d) None
Answer »Answer: (b)
The Second Five Year Plan heralded in a true sense the Socialist Project of the then Prime Minister, Jawaharlal Nehru.
The economic policies of Nehru were heavily influenced by the erstwhile Union of Soviet Socialist Republics (USSR) which had followed the path of speedy industrialisation to expand the manufacturing base of its economy.
The Second Five Year Plan focused mainly on heavy industry as against the first plan which was essentially an agricultural plan. This was done to boost domestic production and manufacturing of goods.
The third Plan aimed to achieve self-sufficiency in food grains and increase agricultural production to meet the requirements of industry and exports.
GET Planning, Economic Development & Five year Plans PRACTICE TEST EXERCISES
planning economic development & five year plans section 1
planning economic development & five year plans section 2
planning economic development & five year plans section 3
planning economic development & five year plans section 4
planning economic development & five year plans section 5
planning economic development & five year plans section 6
planning economic development & five year plans section 7
planning economic development & five year plans section 8
planning economic development & five year plans section 9
planning economic development & five year plans section 10
Planning, Economic Development & Five year Plans Shortcuts and Techniques with Examples
Verbal Reasoning
Question & Answer Quiz
Non Verbal Reasoning
Question & Answer Quiz
Quantitative Aptitude
Question & Answer Quiz
Computer MCQ
Question & Answer Quiz
General English
Question & Answer Quiz
History GK
Question & Answer Quiz
Polity GK
Question & Answer Quiz
Geography GK
Question & Answer Quiz
Economy GK
Question & Answer Quiz
General Awareness GK
Question & Answer Quiz
Recently Added Subject & Categories For All Competitive Exams
SSC STENO: Time & Work Questions Solved Problems with PDF
Free Time and work Aptitude-based Practice multiple questions with solutions, Quiz series, Mock Test & Downloadable PDF for SSC Steno (Grade C & D) 2024 Exam
Continue Reading »
SSC STENO 2024: Free Reading Comprehension MCQ Test PDF
Top Reading Comprehension English Section-wise multiple choice questions and answers, Full Mock Test Series & Online Quiz for SSC Steno Grade C & D 2024 Exam
Continue Reading »
Free Percentage Questions Answers for SSC STENO 2024 Exam
Important Top Percentage Aptitude-based multiple choice questions and answers practice quiz series, Online Mock Test PDF for SSC Steno Grade C & D 2024 Exam
Continue Reading »
Free Antonyms (English) MCQ Test for SSC STENO 2024 Exam
Top Antonyms General English Section-based multiple choice questions and answers, Free Full Test Series & Online Quiz PDF for SSC Steno Grade C & D 2024 Exam
Continue Reading »