planning economic development & five year plans section 5 MCQ Questions & Answers Detailed Explanation

Question : 1

Which of the following is/are correct?

1. Bulk of unemployment in India is in rural areas.
2. The disguised unemployment in agricultural sector is perennial.
3. Industrialization has rendered several people jobless in India.

a) 1 and 2

b) 1 only

c) 1, 2 and 3

d) 2 and 3

Question : 2

The planning process in the industrial sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period.

a) The nation’s priorities have shifted away from industrial development to rural development

b) With the advent of liberalisation, industrial investments / developments have largely been placed within the domain of private and multinational sector

c) The focus of planning has shifted to sectors like human, resource development, infrastructure, population control and welfare

d) With markets assuming a central place, the role of central planning in many sector has been rendered redundant

Question : 3

How would the size of the labour force and the rate of unemployment be affected if people retrenched from their jobs did not actively seek employment?

a) The labour force would be smaller and the unemployment rate would be higher.

b) The labour force would be smaller and the unemployment rate would be lower.

c) The labour force would be smaller and there would be no change in the unemployment rate.

d) There would be no change in the labour force and the unemployment rate would be higher.

Question : 4

Consider the following statements :

1. PURA model of the economic model was advocated by Dr APJ Abdul Kalam.
2. PURA model of economic development is mainly aimed to bridge the gap between the rural-urban divide.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 5

‘The Rolling Plan’ for backward countries was suggested by

a) A. Samuelson

b) G. Myrdal

c) R. Nurkse

d) W.A. Lewis

Question : 6

When the productive capacity of the economic systems of a state is inadequate to create sufficient number of jobs, it is called

a) structural unemployment

b) seasonal unemployment

c) cyclical unemployment

d) disguised unemployment