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
- Disinvestment of profit making public sector Enterprises.
- Permitting private sectors to establish Industrial Units without taking a licence.
- Chronically sick industries were referred to BIFR for the formulation of revival or rehabilitation plan.
(a) 1 and 3
(b) 2 and 3
(c) 1, 2 and 3
(d) only 2
The correct answers to the above question in:
Answer: (c)
LPG model of economic development process in India involves disinvestment of profit making public sector enterprises, permitting private sectors to establish industrial units without taking a licence and chronically sick industries were referred to BIFR for the formulation of revival or rehabilitation.
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Question : 1
Ninth Plan put emphasis on
a) growth with social justice and equity
b) universal education
c) decentralization
d) removal of rural unemployment
Answer »Answer: (a)
Question : 2
Match the following:
List I | List II |
(Five Year Plan) | (Emphasis) |
A. First | 1. Food security and women empowerment |
B. Second | 2. Heavy industries |
C. Fifth | 3. Agriculture and community development |
D. Ninth | 4. Removal of poverty |
a) 1 4 2 3
b) 3 2 4 1
c) 1 2 4 3
d) 3 4 2 1
Answer »Answer: (b)
- First Five Year Plan (1951-56)- Agriculture and community development
- Second Five Year Plan (1956-61)- Heavy Industry
- Fifth Five Year Plan (1974-79)- Removal of Poverty
- Ninth Five Year Plan (1997-2002)- Food Security and woman empowerment
Question : 3
The prominent economist Bibek Debroy and V K Saraswat were appointed as full time members of NITI Aayog. Who is V K Saraswat?
a) Former Finance Secretary
b) Former ISRO chief
c) Former DRDO chief
d) Former Defence Minister
Answer »Answer: (c)
Vijay Kumar Saraswat is an Indian scientist who formerly served as the Director-General of the Defence Research and Development Organisation (DRDO) and the Chief Scientific Advisor to the Indian Minister of Defence.[2] He retired on 31 May 2013.
Saraswat is the key scientist in the development of the Prithvi missile and its induction in the Indian armed forces. He is a recipient of the Padma Shri from the Government of India.
Question : 4
Who amongst the following has been appointed as the Vice Chairman of NITI Aayog?
a) rvind Panagariya
b) Jagdish Bhagwati
c) Pravin Krishna
d) T.N. Srinivasan
Answer »Answer: (a)
Arvind Panagariya is an eminent free market economist and has been an Economics professor at Columbia University in New York. He, as vice chairman, would have a pivotal role in coordinating economic strategy and hold cabinet rank.
Question : 5
Consider the following statements:
- Indira Gandhi Matritva Sahyog Yojana (IGMSY) has been launched to improve the health and nutrition status of pregnant, lactating women and infants.
- The scheme envisages Cash Incentives for the above beneficiaries
- All Government Women Employees are beneficiaries of the IGMSY
a) Only 1 & 2 are correct
b) Only 1 is correct
c) Only 2 & 3 are correct
d) All are correct
Answer »Answer: (a)
Question : 6
Which among the following plans adopted the policy for the universalization of elementary education in India?
a) Eighth Plan
b) Ninth Plan
c) Sixth Plan
d) Eleventh Plan
Answer »Answer: (b)
The Ninth Plan treats education as the most crucial investment in human development.
The plan had the national goal of providing primary education as a universal basic service, and the Supreme Court also declared education to be a fundamental right for children up to 14 years of age
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