planning economic development & five year plans section 3 MCQ Questions & Answers Detailed Explanation

Answer: (c)

In a bid to expand its economic reach, India launched an initiative in 2004 called TechnoEconomic Approach for Africa–India Movement (TEAM–9), together with eight energy and resource-rich West African countries viz. Burkina Faso, Chad, Cote D’Ivoire, Equatorial Guinea, Ghana, Guinea Bissau, Mali, Senegal, and India.

The initiative was part of a broader policy to engage the underdeveloped, yet resource-wealthy countries of West Africa, which required both low-cost technology and investment to develop their infrastructure.

In particular, India increasingly wants to play an important role in helping Ivory Coast and other West African countries channel their energy resources more efficiently.

Answer: (c)

The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector, and was based on the Harrod– Domar model with few modifications.

Answer: (b)

Bharat Nirman plan is associated with the development of rural infrastructure like roads, irrigation, housing, water supply, telecommunication and electrification.

Answer: (b)

Under the third five year plan, the government introduce an agricultural strategy which gave rise to the green revolution in India. Under the third plan, the goal was to establish self-reliance and a self-generating economy.

But the earlier plans had shown that agricultural production was the limiting factor so agriculture was given top priority.

Answer: (a)

Sustainable development is the 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 intergenerational equity in respect of the use of natural resources.

Answer: (c)