planning economic development & five year plans section 6 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11

Match List-I with List-II and select the correct answer from the codes given below –

a) 3 4 1 2

b) 1 2 3 4

c) 4 3 2 1

d) 1 2 4 3

Question : 12 [UPSC (Pre) 2012]

Which of the following is/are among the noticeable features of the recommendations of the Thirteenth Finance Commission?

1. A design for the goods and services tax and a compensation package linked to adherence to the proposed design.
2. A design for the creation of lakhs of jobs in the next ten years in consonance with India’s demographic dividend.
3. Development of a specified share of central taxes to local bodies as grants.

a) 1 and 3

b) 2 and 3

c) 1, 2 and 3

d) Only 1

Question : 13

Consider the following statements :

1. The Ninth Five Year Plan was launched in the 50th year of India’s independence.
2. For the first time in the Indian economy the GDP growth rate of the Ninth Five Year Plan was set at 7%.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2

Question : 14

The ‘Bombay Plan’ drafted by GD Birla and JRD Tata emphasized:

a) the public sector investment in infrastructure and heavy industries

b) that the economy should be left to the dynamic investments by the private sector in heavy industries, etc.

c) that the private sector should foot the Bill for intensive and low return investments in the industrial sector.

d) annual planning

Question : 15

Agriculture, Irrigation and Power Projects were given highest priority in which among the following plans?

a) Second Five Year Plan

b) First Five Year Plan

c) Fourth Five Year Plan

d) Third Five Year Plan