planning economic development & five year plans section 7 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11 [UKPCS (Pre) 2016]

According to the 14th Finance Commission, the percentage share of States in the net proceeds of the shareable Central tax revenue should be

a) 40%

b) 35%

c) 42%

d) 32%

Answer: (c)

Question : 12

Niti Aayog comes into effect from

a) 1 January 2015

b) 1 April 2014

c) 1 April 2015

d) 1 January 2014

Answer: (a)

Union Government of India had announced formation of NITI Aayog on 1 January 2015.

Question : 13

To reduce cyclical unemployment the government might:

a) increase the balance of payments deficit

b) increase the budget surplus

c) reduce government expenditure

d) increase the budget deficit

Answer: (d)

Low interest rates might encourage more spending and reduce cyclical unemployment.

Question : 14

Which one of the following missions given below is the main submission of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM)?

a) Development of Women and Children in Urban Areas (DWCUA)

b) Basic Services to the Urban Poor (BSUP)

c) Integrated Housing and Slum Development Programmes (IHSDP)

d) Both (b) and (c)

Answer: (d)

JNNURM is a huge mission that relates primarily to development in the context of urban conglomerates focusing on Indian cities.

JNNURM aims at creating ‘economically productive, efficient, equitable and responsive Cities’ by a strategy of upgrading the social and economic infrastructure in cities, provision of Basic Services to Urban Poor (BSUP) and wide-ranging urban sector reforms to strengthen municipal governance in accordance with the 74th Constitutional Amendment Act, 1992.

Question : 15

Mahalanobis Committee was appointed on to deal with

a) National income

b) Standard of living

c) Poverty eradication

d) Industrial sickness

Answer: (a)

Mahalanobis committee is known as “ Distribution of Income and Levels of Living” and it was set up in 1960 to find an answer to the question that who was benefitted by the first and second five year plans, as there was no substantial increase in the per capita income of the people.

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