planning economic development & five year plans section 6 MCQ Questions & Answers Detailed Explanation

Question : 1

Sector wise, maximum employment in the public sector in

a) community, social, and personal services

b) electricity, gas, and water

c) transport, storage, and communication

d) finance, insurance, and real estate

Question : 2

Scheme ______ is a Government of India program aimed at providing 24x7 uninterrupted power supply to all homes in Rural India

1. Deendayal Disabled Rehabilitation Scheme
2. Deen Dayal Upadhyaya Gram JyotiYojana
3. Digital IndiaProgramme

a) 1 only

b) 3 only

c) 2 only

d) 2 and 3

Question : 3

Which one of the following is correct about the Twelfth Five Year 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 started in 11th plan.

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

d) Both (b) and (c) are correct about the 12th Five Year Plan.

Question : 4

Consider the following statements about the second Five Year Plan :

1. Priorities were given in the production of iron and steel and heavy engineering and machine building industries.
2. Strengthening the oil exploration and coal in India.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 5

During which plan was the National Bank for Agriculture and Rural Development (NABARD) established to facilitate the rural credit and agriculture development?

a) Fifth Five Year Plan

b) Sixth Five Year Plan

c) Third Five Year Plan

d) Eighth Five Year Plan

Question : 6

The natural rate of unemployment is likely to fall if:

a) income tax increases

b) unemployment benefits increase

c) geographical immobility increases

d) more training is available for the unemployed