planning economic development & five year plans section 4 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 : 26 [NABARD 2016]
As against a target of 4 per cent, the average annual growth rate of first four years of the 12th Five Year Plan period (2012-17) in agriculture and allied sector was
a) 1.6%
b) 3.5%
c) 3.0%
d) 2.5%
Answer »Answer: (a)
Agriculture sector grew by an average 1.6 per cent per annum in first four years of the ongoing Five Year Plan (2012-17) as against the targeted 4 per cent annual growth due to lower production.
Question : 27
The National Development Council (NDC) :
- discusses the progress of the National plan.
- suggests the ways to achieve the goals of the national plan.
- gives guidelines to formulate the National plan.
- suggests plan allocation.
a) 1, 2 and 3
b) 1, 2 and 4
c) 2, 3 and 4
d) All of the above
Answer »Answer: (a)
National Development Council aims
- to prescribe guidelines for the formulation of the National Plan, including the assessment of resources for the Plan;
- to consider the National Plan as formulated by the Planning Commission;
- to consider important questions of social and economic policy affecting national development; and
- to review the working of the Plan from time to time and to recommend such measures as are necessary for achieving the aims and targets set out in the National Plan.
Question : 28
The concept of Economic Planning in India is derived from which country?
a) Russia
b) UK
c) USA
d) France
Answer »Answer: (a)
Joseph Stalin implemented the first FYP in the Soviet Union in the late 1920s. Most communist states and several capitalist countries like India subsequently have adopted them.
Question : 30
Match the important dates.
List I | List II |
(Dates) | (Event) |
I. 1934 | A. Planning commission set up |
II. 1944 | b. Interim government sets up the Planning Advisory Board |
III. 1946 | c. M. Visvesvaryya, in his book Planned Economy of India, advocates the necessity of planning in the country much before Independence |
IV. 1950 | d. PlanningandDevelopment Department was set up under the chairmanship of A. Dalal |
a) I-a, II-b, III-c,IV-d
b) I-d, II-c, III-b, IV-a
c) I-c, II-d, III-b, IV-a
d) I-a, II-d, III-a, IV-b
Answer »Answer: (c)
1934: M. Visvesvaryya, in his book Planned Economy of India, advocates the necessity of planning in the country much before Independence.
1944: Planning and Development Department set up under the chairmanship of A. Dalal.
1946: Interim government sets up the Planning Advisory Board.
1947: Economic Programme Committee set up under the chairmanship of Jawaharlal Nehru.
1950: Planning Commission set up.
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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