planning economic development & five year plans section 2 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
(a) Kothari Committee
(b) Raghuraj Committee
(c) C. Rangarajan Committee
(d) Rajaram Committee
The correct answers to the above question in:
Answer: (c)
Dr C. Rangarajan mentioned in his report that access to finance by the poor and vulnerable groups is a prerequisite for poverty reduction and social cohesion. This has to become an integral part of our efforts to promote inclusive growth.
In fact, providing access to finance is a form of empowerment of vulnerable groups. Financial inclusion denotes the delivery of financial services at an affordable cost to the vast sections of the disadvantaged and low-income groups.
The various financial services include credit, savings, insurance and payments and remittance facilities. The objective of financial inclusion is to extend the scope of activities of the organised financial system to include within its ambit people with low incomes.
Through graduated credit, the attempt must be to lift the poor from one level to another so that they come out of poverty.
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Read more planning economic development five year plans Based Indian Economy Questions and Answers
Question : 1
The Gandhian Plan was expounded in 1944 by
a) Shriman Narayan Agarwal
b) N.R. Sarkar
c) Jai Prakash Narayan
d) Kasturi Bhai Lal Bhai
Answer »Answer: (a)
Question : 2
The core slogan of Seventh Plan was
a) Community development programme
b) Food, work and productivity
c) Five percent growth rate of national income
d) Free education for all children
Answer »Answer: (b)
Question : 3
_____ sector was the largest contributor to GDP during the Ninth Plan?
a) Trade
b) Manufacturing
c) Financial services
d) Information technology
Answer »Answer: (b)
Question : 4
Match List I with list II.
List I | List II |
(Five Year Plan) | (Objective) |
A. First Plan | 1. Growth with social justice |
B. Third Plan | 2. Sustainable inclusive growth |
C. Fifth Plan | 3. Self-reliant and generating economy |
D. Twelfth Plan | 4. Agriculture, irrigation |
a) 2 3 4 1
b) 4 3 1 2
c) 2 4 3 1
d) 1 3 2 1
Answer »Answer: (b)
First Plan – agriculture, irrigation and power projects
Third Plan – self-reliant and generating economy
Fifth Plan – growth with social justice
Twelfth Plan – sustainable inclusive growth
Question : 5
Which one of the following five year plans has the highest GDP growth rate in Agriculture sector in India ?
a) Seventh Five Year Plan
b) Eighth Five Year Plan
c) Sixth Five Year Plan
d) Ninth Five Year Plan
Answer »Answer: (b)
The growth performance of the agriculture sector has been fluctuating across the plan periods . It witnessed a growth rate of 4.8 per cent during the Eighth plan period (1992–97).
Question : 6
Which five year plan is also known as Mahalanobis model plan?
a) Second Five Year Plan
b) First Five Year Plan
c) Sixth Five Year Plan
d) Third Five Year Plan
Answer »Answer: (a)
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