planning economic development & five year plans section 1 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 : The Rolling Plan for backward countries was suggested by

(a) R. Nurkse

(b) W.A. Lewis

(c) Gunnar Myrdal

(d) A. Samuelson

The correct answers to the above question in:

Answer: (c)

The Rolling Plan for backward countries was suggested by Gunnar Myrdal. He was a Swedish Nobel Laureate, economist, sociologist, and politician.

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

Question : 1

In which one of the year ‘Rolling Plan’ was in operation in India?

a) 1990-91

b) 1968-69

c) 1988-89

d) 1978-79

Answer: (d)

Question : 2

Various employment programmes have been launched in India, namely, IRDP, NREP, RLEQP, FWP. They are meant to improve

a) urban employment

b) rural employment

c) educated employment

d) rural and urban employment

Answer: (d)

Question : 3

Which one of the Five Year Plans had a high priority to bring inflation under control and to achieve stability in the economic situation?

a) Fifth Plan (1974-79)

b) Sixth Plan (1980-85)

c) Fourth Plan (1969-74)

d) Seventh Plan (1985-90)

Answer: (a)

The Fifth Five Year Plan (1974-79) had a high priority to bring inflation under control and to achieve stability in the economic situation.

Question : 4

With reference to “Aam Admi Bima Yojana’’, consider the following statements

  1. The member insured under the scheme must be the head of the family or an earning member of the family in a rural landless house-hold.
  2. The member insured must be in the age group of 30 to 65 years.
  3. There is a provision for free scholarship for upto two children of the insured who are studying between classes 9 and 12.
Which of the statements given above is/are correct?

a) 1 only

b) 1 and 3

c) 2 and 3

d) 1, 2 and 3

Answer: (b)

The statements 1st and 3rd are correct, but 2nd statement is wrong because, the member should be aged between 18 and 59 years not 30 and 65 years.

Question : 5

Who among the following is not made a special invitee to the Niti Aayog?

a) Smriti Irani

b) Nitin Gadkari

c) Arun Jaitley

d) Thawar Chand Gehlot

Answer: (c)

Roads and National Highway Minister Nitin Gadkari, Human Resource Development Minister Smriti Irani and Social Justice and Empowerment Minister Thawar Chand Gehlot were made special invitees to the Niti Aayog.

Question : 6

Sustainable development is a case of intergenerational sensibility in respect of use of

a) industrial resources

b) material resources

c) natural resources

d) social resources

Answer: (c)

Sustainable development is that development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Sustainable development is a case of inter-generational sensibility in respect of the use of natural resources.

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