planning economic development & five year plans section 10 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 : 16
Consider the following statement
- The major objective first plan is to increase national Income by 25% through rapid industrialisation. This plan was developed by Professor Mahalanobis.
- The major objective of the second plan is to stimulate balanced economic development while correcting imbalances caused by World War II and partition. The plan targeted socio-economic development but the outcome was very poor.
- The major objective of the third plan is continued emphasis on basic industries together with an increased outlay of 35% in agriculture and applied sectors.
a) 1 only
b) 3 only
c) 2 only
d) 3 and 2
Answer »Answer: (b)
The major objective of the first plan is to stimulate balanced economic development while correcting imbalances caused by World War II and partition. The plan targeted socio-economic development but the outcome was very poor.
The Major Objective of the second plan is to increase National Income by 25% through rapid industrialisation.
This plan was developed by Professor Mahalanobis. The major objective of the third plan is continued emphasis on basic industries together with an increased outlay of 35% in agriculture and applied sectors.
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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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