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

Questions : ‘Inclusive growth’ is a phrase used in India’s
  1. 9th Plan
  2. 10th Plan
  3. 11th Plan
  4. 12th Plan
Select the correct answer using the codes given below.

(a) 2 and 4

(b) 3 and 4

(c) 1, 2 and 3

(d) Only 4

The correct answers to the above question in:

Answer: (b)

Inclusive growth is a phrase used in India for 11th (2007- 2012) and 12th (2012-2017) Five year plans.

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

Question : 1

Match the following List-I List-II,

List I List II
(Govt. Policy) (Year)
A. Information Technology Policy 1. 2000 
B. Mineral Policy 2. 2006
C. Hotel Policy 3. 2010
D. Industrial and Investment Promotion Policy 4. 2011 
Codes: A B C D

a) 1 4 2 3

b) 3 2 1 4

c) 2 1 4 3

d) 4 2 3 1

Answer: (a)

Question : 2

A person qualifies for insurance under the Aam Aadmi Bima Yojana only if he ______

  1. Is earning member of rural household
  2. Is Landless
  3. Belongs to BPL category
  4. Between 15- 59 years of age
which among the above statements is / are correct?

a) Only 1

b) 1, 2, 3 & 4

c) 1 & 2

d) 1, 3 & 4

Answer: (c)

Question : 3

Consider the following statements :

  1. Indo-china war had hampered the proper progress and implementation of Fourth Five Year Plan in India.
  2. In the Indian Economy, the plan Holiday took place during 1966 to 1969
Which of the statements given above is/are correct?

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Answer: (a)

Despite big investments during the first three Plans, the living standards of the poor could not be raised and poverty and inequity in the distribution of state resources remained stark.

Consequently, the period between 1966 and 1969 marked the shift from a ‘growth approach’ to a ‘distribution from growth approach’.

Looking at the failures and pitfalls the planners suspended the impending Fourth Plan, which was due in 1966, until 1969 for a revision of objectives and targets. This was called the ‘Plan Holiday’ extending from 1 April 1966 to 31 March 1969.

Question : 4

Consider the following statements

  1. Since 1993-94, the benefit of Indira AwasYojana is being provided even to those rural poor of nonschedule caste/schedule tribe who are living below the poverty line.
  2. A minimum of 60% of funds is to be utilized for construction of houses for the SC/ST people.
  3. From 1995-96, IAY benefits have been extended to widows or next to kin of defence personnel killed in action.
  4. Benefits have also been extended to ex-servicemen and retired members of Para military forces as long as they fulfil the normal eligibility conditions of IAY.
Which of the following is / are correct

a) 1 and 2

b) 1 and 4

c) 3 and 4

d) 1, 2, 3, 4

Answer: (d)

  1. Since 1993-94, the benefit of Indira AwasYojana is being provided even to those rural poor of non-schedule caste/schedule tribe who are living below the poverty line.
  2. A minimum of 60% of funds is to be utilized for construction of houses for the SC/ST people.
  3. From 1995-96, IAY benefits have been extended to widows or next to kin of defence personnel killed in action.
  4. Benefits have also been extended to exservicemen and retired members of Para military forces as long as they fulfil the normal eligibility conditions of IAY.

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) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Answer: (a)

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

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
Select the correct answer using the codes given above: A B C D

a) 2 3 4 1

b) 4 3 1 2

c) 2 4 3 1

d) 1 3 2 1

Answer: (b)

  • First plan – agriculture, Irrigation and power projects
  • Third Plan – self-reliance and generating economy
  • Fifth Plan – growth with social justice
  • Twelfth plan – sustainable inclusive growth

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