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
(a) RashtriyaMahilaKosh
(b) Village Grain Bank Scheme
(c) National Rural Health Mission
(d) Annapurna Scheme
The correct answers to the above question in:
Answer: (a)
The objective of Rashtriya Mahila Kosh is to facilitate credit support to poor women for this socioeconomic upliftment.
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Read more planning economic development five year plans Based Indian Economy Questions and Answers
Question : 1
The Government of India has established NITI Aayog to replace the
a) Finance Commission
b) Human Rights Commission
c) Planning Commission
d) Law Commission
Answer »Answer: (c)
The Government of India has established NITI Aayog to replace the Planning Commission.
The Union Government of India announced the formation of NITI Aayog on January 205 and the first meeting of NITI Aayog was held on 8 February 205.
Question : 2
Consider the following statements :
- In the 11th Five Year Plan, the growth rate of the agriculture sector was above 4%.
- In the 11th Five Year Plan, the agriculture sector contributed more than 25% to the overall GDP of India.
a) only 2
b) Both 1 and 2
c) only 1
d) Neither 1 nor 2
Answer »Answer: (d)
In the 11th Five Year Plan, the growth rate of the agriculture sector was 3.3% and the agriculture sector contributed 15.2 % to the overall GDP of the country.
Thus Both the given statements regarding the 11th Five Year Plan are not correct.
Question : 3
Match the following:
List I | List II |
(Five Year Plan) | (Emphasis) |
A. First | 1. Food security and women empowerment |
B. Second | 2. Heavy industries |
C. Fifth | 3. Agriculture and community development |
D. Ninth | 4. Removal of poverty |
a) 1 2 4 3
b) 3 2 4 1
c) 1 4 2 3
d) 3 4 2 1
Answer »Answer: (b)
- First Five Year Plan (1951-56)- Agriculture and community development
- Second Five Year Plan (1956-61)- Heavy Industry
- Fifth Five Year Plan (1974-79)- Removal of Poverty
- Ninth Five Year Plan (1997-2002)- Food Security and woman empowerment
Question : 4
Who among the following works as Ex-officio secretary of National Development Council?
a) Vice Chairman of Planning Commission
b) Secretary of Finance Ministry
c) Secretary of Planning & Implementation Ministry Secretary of Planning Commission
d) Secretary of Planning Commission
Answer »Answer: (d)
Question : 5
Consider the following statements :
- LPG model of the Indian Economy was fully implemented in the Eighth Five Year plan.
- The Eighth plan envisaged an annual average growth rate of 5.6% but the real growth rate was 6.8%.
a) only 2
b) Both 1 and 2
c) only 1
d) Neither 1 nor 2
Answer »Answer: (b)
The economy of India had undergone significant policy shifts at the beginning of the 1990s at the time of the eighth plan. This new model of economic reforms is commonly known as the LPG or Liberalization, Privatization and Globalization model.
LPG model of economic development in India was proposed by Dr Manmohan Singh, economist and finance minister at that time.
Moreover, the Eighth plan envisaged an annual average growth rate of 5.6% but the real growth rate was 6.8%.
Question : 6
Consider the following statements :
- Jawahar Rozgar Yojana was launched in the Seventh Five Year Plan.
- Small-scale and food processing industries were given new impetus in Seventh Five Year Plan.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (b)
Jawahar Rozgar Yojna was launched on April 1, 1989, by merging National Rural Employment Program (NREP) and Rural Landless Employment Guarantee Programme (RLEGP).
In Seventh Five Year Plan the smallscale and food processing industries were given new impetus as the plan laid stress on improving the productivity level of industries by upgrading technology.
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