planning economic development & five year plans section 1 MCQ Questions & Answers Detailed Explanation

Question : 1

The core concept of the Eleventh Five Year Plan was

a) Faster and more inclusive growth

b) Human Resource Development

c) Human well being

d) Growth with social justice and equality

Question : 2

Which one of the following is correct about the Twelfth Five Year Plan recently approved by the Indian Government?

a) 12th Five Year Plan aims to grow GDP at the rate of 10%.

b) 12th Five Year Plan aims to sustain the inclusive growth which started in 11th plan.

c) 12th Five Year Plan of Indian Economy is from 2011 to 2016.

d) Both (b) and (c) are correct about the 12th Five Year Plan.

Question : 3

Who among the following constitute the National Development Councils?

1. The Prime Minister of India
2. The Leader of Opposition
3. Minister of Union Cabinet
4. Chief Minister of the States

a) 1 and 2 only

b) 1, 3 and 4 only

c) 1, 2, 3 and 4

d) 1, 2 and 3 only

Question : 4

Consider the following statements:

1. The state sets broad parameters and goals for the economy.
2. The targets to be achieved are broadly set by the state.
3. The plan is made for a specific time period of about 15 years.

a) 1 and 2

b) 1 and 3

c) 1, 2 and 3

d) only 1

Question : 5

Consider the following economic processes taking place in Indian Economy :

1. Import of western culture through the mass media and telecommunication system in India.
2. Establishment of factory limits of MNCs in India.
3. Acquisition of branded foreign companies by Indian business tycoons.

a) 1 and 3

b) 2 and 3

c) 1, 2 and 3

d) only 2

Question : 6

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