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 : The ‘Bombay Plan’ drafted by GD Birla and JRD Tata emphasized:

(a) the public sector investment in infrastructure and heavy industries

(b) that the economy should be left to the dynamic investments by the private sector in heavy industries, etc.

(c) that the private sector should foot the Bill for intensive and low return investments in the industrial sector.

(d) annual planning

The correct answers to the above question in:

Answer: (a)

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

Question : 1

Agriculture, Irrigation and Power Projects were given highest priority in which among the following plans?

a) Second Five Year Plan

b) First Five Year Plan

c) Fourth Five Year Plan

d) Third Five Year Plan

Answer: (b)

Question : 2

In the context of India’s Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in

a) Sixth Plan

b) Fourth Plan

c) Tenth Plan

d) Eighth Plan

Answer: (d)

It was during eighth plan period (992-97) that emphasis was put on infrastructure development.

Question : 3

Which one of the following is correct about the twelfth FiveYear Plan recently approved by the Indian Government?

a) 12th Five Year Plan aims to grow GDP at the rate of 10%.

b) 12th Five Year Plan aims to sustain the inclusive growth which is started in 11th Plan.

c) 12th Five Year Plan of Indian Economy is from 2011 to 2016.

d) Both ‘b’ and ‘c’

Answer: (b)

The twelfth Five Year Plan approved by the government aims to sustain the inclusive growth which is started in 11th plan. 12th Five Year Plan of Indian Economy is from 2012 to 2017 and 12th Five Year Plan aims to grow GDP at the rate of 8%.

Question : 4

Consider the following statements :

  1. The Ninth Five Year Plan was launched in the 50th year of India’s independence.
  2. For the first time in the Indian economy the GDP growth rate of the Ninth Five Year Plan was set at 7%.
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: (b)

The Ninth Five Year Plan was launched in the 50th year of India’s independence. Under the plan for the first time in the Indian Economy the GDP growth rate was set at 7%.

Question : 5

Which of the following is/are among the noticeable features of the recommendations of the Thirteenth Finance Commission?

  1. A design for the goods and services tax and a compensation package linked to adherence to the proposed design.
  2. A design for the creation of lakhs of jobs in the next ten years in consonance with India’s demographic dividend.
  3. Development of a specified share of central taxes to local bodies as grants.
Select the correct answer using the codes given below.

a) 1 and 3

b) 2 and 3

c) 1, 2 and 3

d) Only 1

Answer: (d)

Question : 6

Match List-I with List-II and select the correct answer from the codes given below –

List I List II
A. Sarva Shiksha Abhiyan  1. 1987
B. Saakshar Bharat Mission  2. 1988
C. Operation Blackboard 3. 2001
D. National Literacy Mission  4. 2009

a) 3 4 1 2

b) 1 2 3 4

c) 4 3 2 1

d) 1 2 4 3

Answer: (a)

  1. Sarva Shiksha Abhiyan, 2001;
  2. Saakshar Bharat Mission, 2009;
  3. Operation Blackboard, 1987 and
  4. National Literacy Mission, 1988.

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