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

Questions : Which among the following is the objective of Prime Minister RojgarYojana (PMRY)
  1. To provide self-employment to educated unemployed by setting up of sever lakh micro-enterprises
  2. To promote micro-enterprises and helping the rural poor into self-help group.
  3. To create employment and durable assets in rural areas.
  4. Improving the quality of life of people in rural areas.
Choose the correct code

(a) 1 only

(b) 3 only

(c) 2 only

(d) 4 only

The correct answers to the above question in:

Answer: (a)

The objective of Prime Minister Rojgar Yojana (PMRY) is to provide self-employment to educated unemployed by setting up of sever lakh microenterprises.

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

Question : 1

Since the start of planning in India, the total number of years not covered by any five year plans is

a) 3

b) 6

c) 5

d) 7

Answer: (d)

Question : 2

Socio-economic planning is a part of ____?

a) State List

b) Union List

c) Reserved List

d) Concurrent List

Answer: (d)

Question : 3

Consider the following statements :

  1. The growth of wireline telephone connections in the last five years is decreasing every year.
  2. The share of private operations in the wireless telephone in India is more than 85%.
Which of the following statements above is/are correct?

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Answer: (b)

The growth of wireline telephone connections in the last five years is decreasing every year due to an increase in mobile connections.

Moreover, the share of private operations in the wireless telephone is more than 85%.

So, both statements are correct.

Question : 4

The Economic Planning Committee was established in the chairmanship of

a) Ramkrishna Mudaliyar

b) Dr. Rajendra Prasad

c) J.L. Nehru

d) K.C. Niyogi

Answer: (c)

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

Question : 5

Consider the following statements :

  1. In the 11th Five Year Plan, the growth rate of the export was always positive.
  2. In the middle of the 11th Five Year Plan, the import growth was negative due to external factors.
Which of the statements given above is/are correct?

a) 1 only

b) Both 1 and 2

c) 2 only

d) Neither 1 nor 2

Answer: (c)

Regarding the 11th Five Year Plan, in the middle of the plan, the import growth was negative due to external factors and the growth rate of the export was negative during certain periods.

Question : 6

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.

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