planning economic development & five year plans section 5 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11

First Plan adopted

a) Mahalanobis model

b) Lewis-Fei model

c) Keynesian model

d) Harrod Domar model

Answer: (d)

Question : 12

Which one of the following states was having the highest Human Development Index in the year 2012?

a) Uttar Pradesh

b) Kerala

c) Assam

d) Madhya Pradesh

Answer: (b)

The Human Development Index (HDI) is a composite statistic of life expectancy, education, and income used to rank states.

Among the given states Kerala was having the highest Human Development Index around 0.92 in the year 2012 for achieving the highest literacy rate, quality health services and consumption expenditure of people.

Question : 13

When the productive capacity of the economic systems of a state is inadequate to create sufficient number of jobs, it is called

a) structural unemployment

b) seasonal unemployment

c) cyclical unemployment

d) disguised unemployment

Answer: (c)

Cyclical unemployment is unemployment that results when the overall demand for goods and services in an economy cannot support full employment. It occurs during periods of slow economic growth or during periods of economic contraction.

Question : 14 [UPPCS (Mains) 2004]

‘The Rolling Plan’ for backward countries was suggested by

a) A. Samuelson

b) G. Myrdal

c) R. Nurkse

d) W.A. Lewis

Answer: (b)

Question : 15

Consider the following statements :

  1. PURA model of the economic model was advocated by Dr APJ Abdul Kalam.
  2. PURA model of economic development is mainly aimed to bridge the gap between the rural-urban divide.
Which of the statements given above is/are correct?

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Answer: (b)

Provision of Urban Amenities to Rural Areas (PURA) is a strategy for rural development in India to bridge the gap between rural and urban India.

This concept was given by former president Dr A.P.J. Abdul Kalam. PURA proposes that urban infrastructure and services be provided in rural hubs to create economic opportunities outside of cities.

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1204 Economic Development based indian economy MCQ section 5 question answer with explanation pdf

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