planning economic development & five year plans section 5 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
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planning economic development & five year plans section 5
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planning economic development & five year plans section 9
planning economic development & five year plans section 10
Question : 26
Consider the following statements regarding Indian planning.
- The second five year plan emphasized on the establishment of heavy industries.
- The third five year plan aimed to achieve self-sufficiency in foodgrains and increase agricultural production to meet the requirements of industry and exports.
a) 2 only
b) Both 1 and 2
c) 1 only
d) Neither 1 nor 2
Answer »Answer: (b)
The Second Five Year Plan heralded in a true sense the Socialist Project of the then Prime Minister, Jawaharlal Nehru.
The economic policies of Nehru were heavily influenced by the erstwhile Union of Soviet Socialist Republics (USSR) which had followed the path of speedy industrialisation to expand the manufacturing base of its economy.
The Second Five year Plan focused mainly on heavy industry as against the First Plan which was essentially an agricultural plan.
This was done to boost domestic production and manufacturing of goods. The third plan aimed to achieve self-sufficiency in foodgrains and to increase agricultural production to meet the requirements of industry and exports.
Question : 28
The slogan of ‘poverty abolition’ was given in which Five Year Plan?
a) Fifth plan
b) Fourth plan
c) Second plan
d) Sixth plan
Answer »Answer: (a)
The slogan of ‘poverty abolition’ was given by Indira Gandhi in 1971 and it was implemented during the Fifth Five Year Plan 1974–79.
Gandhi promised to reduce poverty by targeting the consumption levels of the poor and enact wide-ranging social and economic reforms.
Question : 29
Consider the following statements:
- The Ninth Five Year Plan was launched in the 50th year of India’s independence.
- For the 1st time in the Indian Economy, the GDP growth rate of the Ninth Five Year plan was set at 7%.
a) 2 only
b) 1 and 2 both
c) 1 only
d) None
Answer »Answer: (b)
The ninth five-year plan was launched in the 50th year of India’s independence.
Under the plan, for the 1st time in the Indian Economy, the GDP growth rate was set at 7%.
Question : 30
Which of the following areas has been excluded, by the Ministry of Corporate Affairs, from the ambit of Corporate Social Responsibility (CSR) activities?
a) contributions made ‘directly or indirectly’ to any political party.
b) promoting preventive health care and sanitation.
c) livelihood enhancement and rural development projects.
d) making safe drinking water available would be considered as CSR activities.
Answer »Answer: (a)
IMPORTANT indian economy mcq EXERCISES
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GK Quiz on Indian Economic Planning, Development With PDF »
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499+ Five year Plans Planning Development MCQ PDF For SSC »
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500+ Planning & Indian Economic Development GK MCQ Quiz »
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500+ Five year Plans Economic Development GK MCQ For IBPS »
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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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