planning economic development & five year plans section 1 Practice Questions Answers Test with Solutions & More Shortcuts
Planning, Economic Development & Five year Plans PRACTICE TEST [10 - EXERCISES]
planning economic development & five year plans section 1
planning economic development & five year plans section 2
planning economic development & five year plans section 3
planning economic development & five year plans section 4
planning economic development & five year plans section 5
planning economic development & five year plans section 6
planning economic development & five year plans section 7
planning economic development & five year plans section 8
planning economic development & five year plans section 9
planning economic development & five year plans section 10
Question : 11
Consider the following statements:
- The state sets broad parameters and goals for the economy.
- The targets to be achieved are broadly set by the state.
- The plan is made for a specific time period of about 15 years.
a) 1 and 2
b) 1 and 3
c) 1, 2 and 3
d) only 1
Answer »Answer: (a)
Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in the market and mixed economies in order to increase economic performance.
Regarding indicative planning, the state sets broad parameters and goals for the economy and the targets to be achieved are broadly set by the state.
Question : 12
Match the following:
List I | List II |
(Year of starting) | (Name of the programme) |
I. 1971-72 | a. Pilot Intensive Rural Employment |
II. 1972-73 | b. Crash Scheme for Rural Employment |
III. 1973-74 | c. Food for work Programme |
IV. 1977-78 | d. Drought Prove Areas Programme |
a) I-a, II-b, III-c, III-d
b) I-d, II-c, III-b, IV-a
c) I-b, II-a, III-d, IV-c
d) I-a, II-d, III-a, IV-b
Answer »Answer: (c)
Question : 14
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.
Answer »Answer: (b)
The Twelfth Five Year Plan approved by the government aims to sustain inclusive growth which started in the 11th plan.
12th Five Year Plan is from 2012 to 2017 and it aims to grow GDP at the rate of 9%.
Question : 15
Who among the following constitute the National Development Councils?
- The Prime Minister of India
- The Leader of Opposition
- Minister of Union Cabinet
- Chief Minister of the States
a) 1 and 2 only
b) 1, 3 and 4 only
c) 1, 2, 3 and 4
d) 1, 2 and 3 only
Answer »Answer: (b)
IMPORTANT indian economy mcq EXERCISES
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Planning, Economic Development & Five year Plans Shortcuts »
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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