planning economic development & five year plans section 7 MCQ Questions & Answers Detailed Explanation

Question : 1

Mahalanobis Committee was appointed on to deal with

a) National income

b) Standard of living

c) Poverty eradication

d) Industrial sickness

Question : 2

Consider the following statements

1. Food for Work Programme was launched in India during the 10th Five Year Plan.
2. The Planning commission in India is a constitutional body.

a) Only 1

b) Both 1 and 2

c) Only 2

d) Neither 1 nor 2

Question : 3

Fourth Plan failed due to

1. Indo-China conflict
2. Bangladesh refugee influx
3. bad monsoons
4. bad prices situation

a) 1, 3 and 4

b) 2, 3 and 4

c) 1, 2 and 3

d) 1, 2, 3 and 4

Question : 4

To reduce cyclical unemployment the government might:

a) increase the balance of payments deficit

b) increase the budget surplus

c) reduce government expenditure

d) increase the budget deficit

Question : 5

Niti Aayog comes into effect from

a) 1 January 2015

b) 1 April 2014

c) 1 April 2015

d) 1 January 2014

Question : 6

According to the 14th Finance Commission, the percentage share of States in the net proceeds of the shareable Central tax revenue should be

a) 40%

b) 35%

c) 42%

d) 32%