planning economic development & five year plans section 6 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 : 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

The correct answers to the above question in:

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.

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

Question : 1

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 : 2

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 : 3

Which one of the following is not a recommendation of the Fourteenth Finance Commission?

a) Area under forest cover is an important variable in distribution of States’ share among States

b) Fiscal discipline is dropped as a variable in distribution of States share among States

c) Share of States in Central Divisible Pool is increased from 32 per cent to 42 per cent

d) Sector specific grant is recommended as in the previous Finance Commissions

Answer: (b)

The Fourteenth Finance Commission wants the states to share a larger fiscal responsibility for the implementation of the scheme.

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