planning economic development & five year plans section 3 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 31 [MPPCS 2008]

Which was the final authority in India to approve Five Year Plans?

a) National Development Council (NDC)

b) Union Council of Ministers

c) Prime Minister

d) Planning Commission

Question : 32 [MPPCS (Pre) 2014]

Under which ‘Five Year Plan’ was the decision to establish a socialistic pattern of society taken?

a) Fourth Five Year Plan

b) First Five Year Plan

c) Third Five Year Plan

d) Second Five Year Plan

Question : 33 [NDA/NASP-2016-I]

Which of the following best explains the stated broad vision and aspirations of the Twelfth Five Year Plan (2012-2017)?

a) Modernisation of Industries and Strengthening Infrastructure.

b) Enchancing Agricultural and Rural Incomes

c) Faster, Sustainable and More Inclusive Growth

d) Checking Inflation and Strengthening non-economic variables like Nutritional Requirements, Health and Family Planing

Question : 34

Which of the following statements is/are incorrect?

1. Open Unemployment: It refers to unemployment that occurs at certain seasons of the year. The period of such unemployment varies from state to state, depending upon the methods of farming, the condition of the soil, the type and numbers of crops grown, etc.
2. Frictional Unemployment: It refers to temporary unemployment that exists during the period, wherein workers leave one job and join some other.
3. Cyclical Unemployment: It is associated with the downswing and depression phases 9 business cycle. It is the most common type of unemployment in the developed capitalist economies.

a) 1 only

b) 3 only

c) 2 only

d) 2 and 1

Question : 35

In the context of Indian Five Year Plans, a shift in the pattern of industrialization, with lower emphasis of heavy industries and more on infrastructure being in :

a) Sixth plan

b) Eighth plan

c) Fourth plan

d) Tenth plan