planning economic development & five year plans section 9 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 16 [MPPCS (Pre) 2015]

The Second Five Year Plan was base on which model?

a) Mahalanobis model

b) Solow model

c) Robinson’s model

d) Domar model

Question : 17

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 selfsufficiency in foodgrains and increase agricultural production to meet the requirements of industry and exports.

a) 1 only

b) Both 1 and 2

c) 2 only

d) Neither 1 nor 2

Question : 18

‘Disguised unemployment’ refers to:

a) more persons employed for a job which a few can accomplish

b) persons with no jobs

c) unemployment of people above 60 years of age

d) unemployment among women

Question : 19

Consider the following statements about the LPG model of economic development process in India?

1. Disinvestment of profit making public sector Enterprises.
2. Permitting private sectors to establish Industrial Units without taking a licence.
3. Chronically sick industries were referred to BIFR for the formulation of revival or rehabilitation plan.

a) 1, 2 and 3

b) 2 and 3

c) 1 and 3

d) only 2

Question : 20

Consider the following statements :

1. The Fourth Five Year Plan period is from 1966-71.
2. The Fourth Five Year Plan sought to raise the standard of living through programmes designed to promote equality and social justice.

a) 2 only

b) Both 1 and 2

c) 1 only

d) Neither 1 nor 2