planning economic development & five year plans section 2 MCQ Questions & Answers Detailed Explanation

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Questions : Which one ofthe following wasthe firstChairman of Planning Commission of India?

(a) Sardar Vallabhbhai Patel

(b) Pt. Jawaharlal Nehru

(c) Dr. Rajendra Prasad

(d) J.B. Kriplani

The correct answers to the above question in:

Answer: (b)

After India gained independence, a formal model of planning was adopted, and accordingly the Planning Commission was established on 15 March 1950, with Prime Minister Jawaharlal Nehru as the Chairman.

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Question : 1

The major emphasis on the first five year plan of India was

a) employment

b) industry

c) agriculture

d) export promotion

Answer: (c)

The major emphasis in the First Five Year plan was on the agriculture sector. At the time of the first plan (1951–56), India faced severe food shortages and inflation.

Accordingly, the first plan emphasized rapid agricultural development so as to achieve food self-sufficiency and control inflation. The target Growth rate was 201% annual GDP Achieved Growth Rate was 3.6% & the Net domestic product went up by 15%.

Question : 2

The main objective of the 2th Five-Year Plan is

a) inclusive and sustainable growth

b) inclusive growth and poverty reduction

c) faster, sustainable and more inclusive growth

d) sustainable and inclusive growth to reduce unemployment

Answer: (c)

2th Five Year Plan of the Government of India aims at faster, sustainable and more inclusive growth.

Question : 3

Consider the following statements regarding Indian planning:

  1. The Jalan Panel was set up by the RBI to scrutinize application for new bank licences.
  2. The Committee was headed by former RBI governor Dr Rajendra Jalan.
Which of the statements given above is/are correct?

a) 2 only

b) 1 and 2

c) 1 only

d) None

Answer: (c)

The Bimal Jalan panel which was set up by the RBI to scrutinize application for new bank licences has submitted its report. The Committee was headed by former RBI governor Dr Jalan.

Question : 4

The final authority in India to adopt the five year plan for the country vests in :

a) The National Development Council

b) The Union Cabinet

c) NITI Aayog

d) The parliament

Answer: (a)

The National Development Council (NDC) or the Rashtriya Vikas Parishad is the apex body for decision-making and deliberations on development matters in India, presided over by the Prime Minister.

The National Development Council is the final authority to adopt the Five Year Plan for the country.

Question : 5

First Five Year Plan was started in

a) 1966-67

b) 1951-52

c) 1961-62

d) 1956-57

Answer: (b)

Question : 6

Which one of the following statements is not correct?

a) Under Annapurna Scheme, indigent senior citizens of 65 years of age or above eligible for National Old Age Pension but not getting pension can get 0 kg of food grains per person per month free of cost.

b) Under the Targeted Public Distribution System, the families below Poverty Line are provided 50 kg of food grains per month per family at subsidized price.

c) Ministry of Human Resource Development gives financial support to mid-day meal scheme for the benefit of Class I to V students in government or government aided school.

d) Ministry of social justice and empowerment has a scheme in which indigent people living in welfare institutions like orphanages are given 5 kg of foodgrains per person per month of BPL rates.

Answer: (b)

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