planning economic development & five year plans section 2 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 regarding Indian planning:
- The Jalan Panel was set up by the RBI to scrutinize application for new bank licences.
- The Committee was headed by former RBI governor Dr Rajendra Jalan.
a) 2 only
b) 1 and 2
c) 1 only
d) None
Answer »Answer: (c)
The Bimal Jalan panel which was set up by the RBI to scrutinize application for new bank licences has submitted its report. The Committee was headed by former RBI governor Dr Jalan.
Question : 12
A Five Year Plan was severely affected by the immigration of huge number of people from Bangladesh was?
a) Third Five Year Plan
b) Fourth Five Year Plan
c) First Five Year Plan
d) Sixth Five Year Plan
Answer »Answer: (b)
The fourth five-year plan was affected by the immigration of a huge population from Bangladesh.
It was affected since the situation in East Pakistan was really tense and the funds actually allocated for the industrial development were taken up to wage the Indo-Pakistani war and the Bangladesh Liberation War.
Question : 14
Which one of the following economists proposed the LPG model of economic development in India?
a) Manmohan Singh
b) K.V. Kamath
c) Y.B. Reddy
d) None of these
Answer »Answer: (a)
The economy of India had undergone significant policy shifts at the beginning of the 1990s. This new model of economic reforms is commonly known as the LPG or Liberalization, Privatization and Globalization model.
LPG model of economic development in India was proposed by Dr Manmohan Singh, economist and finance minister at that time.
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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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