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

Question : 26

Consider the following statements regarding Indian planning.

  1. The second five year plan emphasized on the establishment of heavy industries.
  2. The third five year plan aimed to achieve self-sufficiency in foodgrains and increase agricultural production to meet the requirements of industry and exports.
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)

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 : 27 [UPSC (Pre) 2010]

In the context of India’s Five Year Plans, a shift in the pattern of Industrialisation, with lower infrastructure begins in

a) Tenth Plan

b) Fourth Plan

c) Eighth Plan

d) Sixth Plan

Answer: (d)

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: (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:

  1. The Ninth Five Year Plan was launched in the 50th year of India’s independence.
  2. For the 1st time in the Indian Economy, the GDP growth rate of the Ninth Five Year plan was set at 7%.
Which of the statements given above is/are correct?

a) 2 only

b) 1 and 2 both

c) 1 only

d) None

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: (a)

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

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