planning economic development & five year plans section 5 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
(a) Third Five Year Plan
(b) Sixth Five Year Plan
(c) Second Five Year Plan
(d) Seventh Five Year Plan
The correct answers to the above question in:
Answer: (a)
Under the third five year plan, the government introduced 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.
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Read more planning economic development five year plans Based Indian Economy Questions and Answers
Question : 1
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 |
a) 2 4 3 1
b) 4 3 1 2
c) 2 3 4 1
d) 1 3 2 1
Answer »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
Question : 2
The major emphasis on the first five year plan of India was
a) industry
b) employment
c) agriculture
d) export promotion
Answer »Answer: (c)
The major emphasis on the First Five Year Plan was the agriculture sector. At the time of the first plan (1951–56), India faced severe food shortages and inflation.
Accordingly, the first plan emphasized rapid agricultural development so as to achieve food self-sufficiency and control inflation.
Question : 3
From which one of the following years, the Rolling plan of the Indian Economy was started?
a) 1978-80
b) 1980-85
c) 1966-69
d) 2002-07
Answer »Answer: (a)
The Rolling plan concept in National planning was introduced by the Janata Party government.
Fifth FYP was launched and planned for the period 1974-79 but Janata government came in power in 1978 and ended the plan prematurely in 1978. The Janata government launched the sixth FYP for period 1978- 1983.
Congress government when came to power in 1980 abandoned the sixth FYP and launched a new sixth FYP for the period 1980-1985. The plan for period, 1978-80, is called the rolling plan.
Question : 4
Consider the following statement:
- The Planning Commission was established in 1950, by Article 39 of the Directive Principles of the Constitution of India.
- Prime Minister, Narendra Modi dissolved the planning commission in his first Independence Day speech in 2014. It has since been replaced by a new institution named Niti Aayog.
a) 1 only
b) 1 and 2
c) 2 only
d) Neither 1 nor 2
Answer »Answer: (d)
The Planning Commission was established in 1950, by Article 39 of the Directive Principles of the Constitution of India.
The planning commission (yojana Aayog) was an institution in the government of India, which formulated India’s five-year plans, among other functions.
Prime Minister Narendra Modi announced his intention to dissolve the planning commission in his first Independence Day speech in 2014. It has since been replaced by a new institution named Niti Aayog.
Question : 5
Planning in India, in real sense, began with the Second Five Year Plan. Who was the architect of Indian Planning?
a) P.C. Mahalanobis
b) Jawaharlal Nehru
c) C.D. Deshmukh
d) Morarji Desai
Answer »Answer: (a)
Question : 6
Which Five-Year Plan had an objective of “Rapid industrialization with particular emphasis on development of basic and heavy industries” ?
a) Second
b) First
c) Fourth
d) Third
Answer »Answer: (a)
The Second Five Year Plan’s broad objective was establishment of a socialistic pattern of society. It aimed at rebuilding rural India, development of basic and heavy industries and enlarging scope of public sector.
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