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

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Questions : The major emphasis on the first five year plan of India was

(a) industry

(b) employment

(c) agriculture

(d) export promotion

The correct answers to the above question in:

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.

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

Question : 1

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: (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 : 2

By which one of the following years does the th Five Year Plan aim at achieving 0% rural tele-density in India from the present .9%?

a) 200

b) 2009

c) 202

d) 20

Answer: (c)

The aim of th Five Year Plan is to connect every village by telephone and provide broadband connectivity to all villages by 202.

Question : 3

Economic survey in India is published officially, every year by the

a) Planning Commission of India

b) Reserve Bank of India

c) Ministry of Industries, Government of India

d) Ministry of Finance, Government of India

Answer: (d)

Question : 4

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 4 3 1

b) 4 3 1 2

c) 2 3 4 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

Question : 5

Under which five year plan did the government introduce an agricultural strategy which gave rise to Green Revolution in India?

a) Third Five Year Plan

b) Sixth Five Year Plan

c) Second Five Year Plan

d) Seventh Five Year Plan

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.

Question : 6

Consider the following statement:

  1. The Planning Commission was established in 1950, by Article 39 of the Directive Principles of the Constitution of India.
  2. 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.
Which among the following statement is not true?

a) 1 only

b) 1 and 2

c) 2 only

d) Neither 1 nor 2

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.

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