planning economic development & five year plans section 7 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
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planning economic development & five year plans section 9
planning economic development & five year plans section 10
Question : 36
Who presides over the National Development Council of India?
a) Prime Minister of India
b) Finance Minister of India
c) Deputy Chairman of Planning Commission of India
d) Vice President of India
Answer »Answer: (a)
The National Development Council isthe final authority in India to adopt the Five Year Plan for the country. Prime Minister of India presides over the National Development Council of India.
Question : 37 [NDA/NA-SP-2015-II]
During the Eleventh Five Year Plan (FYP), agriculture sector in India witnessed a growth rate of 3.3 per cent per annum which is higher than 2.4 per cent per annum in the previous FYP. This is largely due to better performance of:
a) Oilseeds and Fibres
b) Fishing and Oilseeds
c) Crops and Livestock
d) Fibres and Fishing
Answer »Answer: (c)
As per report of the working group on animal husbandary and dairying - 11 th 5 year plan, the livestock sector employs 8% of the country’s labour force.
Question : 39
Who is the current CEO of Niti Aayog?
a) Sindhushree Khullar
b) Rajiv Meharshi.
c) Arvind Mayaram
d) Sudha Pillai
Answer »Answer: (a)
CEO is appointed by the Prime Minister for a fixed tenure, in the rank of Secretary to the Government of India. Sindhushree Khullar appointed as the Chief Executive Officer.
Question : 40
Which among the following Five Year Plans of the Indian Economy adopted the indicative planning model?
a) Sixth Five Year Plan
b) Eight Five Year Plan
c) Fourth Five Year Plan
d) Tenth Five Year Plan
Answer »Answer: (b)
During the Eighth Five Year Plan, the Indian Economy adopted the indicative planning model.
Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in the market and mixed economies in order to increase economic performance.
When utilizing indicative planning, the state employs “influence, subsidies, grants, and taxes.
IMPORTANT indian economy mcq EXERCISES
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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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