planning economic development & five year plans section 4 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
List I | List II |
(Dates) | (Event) |
I. 1934 | A. Planning commission set up |
II. 1944 | b. Interim government sets up the Planning Advisory Board |
III. 1946 | c. M. Visvesvaryya, in his book Planned Economy of India, advocates the necessity of planning in the country much before Independence |
IV. 1950 | d. PlanningandDevelopment Department was set up under the chairmanship of A. Dalal |
(a) I-a, II-b, III-c,IV-d
(b) I-d, II-c, III-b, IV-a
(c) I-c, II-d, III-b, IV-a
(d) I-a, II-d, III-a, IV-b
The correct answers to the above question in:
Answer: (c)
1934: M. Visvesvaryya, in his book Planned Economy of India, advocates the necessity of planning in the country much before Independence.
1944: Planning and Development Department set up under the chairmanship of A. Dalal.
1946: Interim government sets up the Planning Advisory Board.
1947: Economic Programme Committee set up under the chairmanship of Jawaharlal Nehru.
1950: Planning Commission set up.
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Question : 1
A shift in pattern of Industrialisation with lower emphasis of the heavy industry and move on infrastructure begins in which five year plan?
a) Sixth plan
b) Fifth plan
c) Eight plan
d) Seventh plan
Answer »Answer: (a)
Sixth five year plan (980–85) marked the beginning of economic liberalisation. In Sixth Five year plan, a shift in pattern of Industrialisation with lower emphasis of the heavy industry and move on infrastructure begins.
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)
A. First Five Year Plan (1951-56)- Agriculture and community development
B. Second Five Year Plan (1956-61)- Heavy Industry
C. Fifth Five Year Plan (1974-79)- Removal of Poverty
D. Ninth Five Year Plan (1997-2002)- Food Security and woman empowerment
Question : 3
Which of the statement[s] is true regarding the NDC
- to prescribe guidelines for the formulation of the National Plan, including the assessment of resources for the Plan;
- to consider the National Plan as formulated by the Planning Commission;
- to consider important questions of social and economic policy affecting national development; and
- to review the working of the Plan from time to time and to recommend such measures as are necessary for achieving the aims and targets set out in the National Plan.
a) Only 1, 2,and 3
b) Only 1 and 2
c) Only 2, 3
d) All of them
Answer »Answer: (d)
Question : 4
As per 13th Finance Commission Recommendations during 2010-15 transfer to the states in the form of ‘grant-in-aid’ are expected to be
a) Rs.3,18,581 crore
b) Rs.1,64,892 crore
c) Rs.1,07,552 crore
d) Rs.44,000 crore
Answer »Answer: (a)
Question : 5
The concept of Economic Planning in India is derived from which country?
a) Russia
b) UK
c) USA
d) France
Answer »Answer: (a)
Joseph Stalin implemented the first FYP in the Soviet Union in the late 1920s. Most communist states and several capitalist countries like India subsequently have adopted them.
Question : 6
The National Development Council (NDC) :
- discusses the progress of the National plan.
- suggests the ways to achieve the goals of the national plan.
- gives guidelines to formulate the National plan.
- suggests plan allocation.
a) 1, 2 and 3
b) 1, 2 and 4
c) 2, 3 and 4
d) All of the above
Answer »Answer: (a)
National Development Council aims
- to prescribe guidelines for the formulation of the National Plan, including the assessment of resources for the Plan;
- to consider the National Plan as formulated by the Planning Commission;
- to consider important questions of social and economic policy affecting national development; and
- to review the working of the Plan from time to time and to recommend such measures as are necessary for achieving the aims and targets set out in the National Plan.
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