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

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Questions : Consider the following statements about Indian Economy?
  1. During 11th Five Year Plan, the foodgrain production steadily increased.
  2. During 11th Five Year Plan, the average inflation on the wholesale price Index is above 10%.
Which of the statements given above is/are correct?

(a) only 2

(b) Both 1 and 2

(c) only 1

(d) Neither 1 nor 2

The correct answers to the above question in:

Answer: (d)

During The eleventh plan ( 2007-12) the food grain production steadily increased and the average inflation on the wholesale price Index was above 10%.

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Question : 1

List I List II
A. Development Programme  1. UN India Human Development Report
B. National Council of Applied Economic Research 2. India Development  Report 
C. Indira Gandhi Institute of Development Research 3. World Development Report 
D. World Bank Development 4. Human Report
Codes: A B C D

a) A – 4 ; B – 1 ; C – 2 ; D – 3

b) A – 2 ; B – 3 ; C – 4 ; D – 1

c) A – 4 ; B – 2 ; C – 1 ; D – 3

d) A – 2 ; B – 1 ; C – 4 ; D – 3

Answer: (a)

Question : 2

This type of unemployment can occur even in a situation of full employment.

a) Functional unemployment

b) Structural unemployment

c) Disguised unemployment

d) Cyclical unemployment

Answer: (d)

Question : 3

Consider the following statements :

  1. MNREGA was launched in the 11th five-year plan.
  2. Indira Awas Yojana was launched in the 9th Five Year Plan.
Which of the statements given above is/are correct?

a) only 1

b) Both 1 and 2

c) only 2

d) Neither 1 nor 2

Answer: (c)

The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) is an Indian law that aims to guarantee the ‘right to work’ and ensures livelihood security in rural areas by providing at least 100 days of guaranteed wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work. MNREGA was launched in 200 select districts in 2006.

However, Indira Awas Yojana was launched in the 9th Five Year Plan to provide housing for the rural poor in India.

Question : 4

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

Answer: (b)

Question : 5

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.
Which of the statements given above is/are correct?

a) Only 1

b) Both 1 and 2

c) Only 2

d) Neither 1 nor 2

Answer: (a)

According to The National Food for Work Programme, food subsidy should be better targeted through targeted public distribution system and specific programmes for the poor like Food for Work Programme.

The National Food for Work Programme was launched on 14 November 2004 in 150 of the most backward districts of India with the objective of generating supplementary wage employment. The Planning commission is not a constitutional body.

Question : 6

Mahalanobis Committee was appointed on to deal with

a) National income

b) Standard of living

c) Poverty eradication

d) Industrial sickness

Answer: (a)

Mahalanobis committee is known as “ Distribution of Income and Levels of Living” and it was set up in 1960 to find an answer to the question that who was benefitted by the first and second five year plans, as there was no substantial increase in the per capita income of the people.

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