planning economic development & five year plans section 9 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 : 21
NITI AAYOG is defined as:
- The National Institution for Transforming India aayog
- It has replaced YojanaAayog by Prime Minister, Narendra Modi
- Niti Aayog provides less opportunity than Yojana Aayog
a) 1 only
b) 1 and 2
c) 2 only
d) 1 and 3
Answer »Answer: (b)
Nitiaayog (The NationalInstitution for Transforming India AAYOG) was established by Prime Minister Narendra Modi (chairperson) to replace the planning commission.
Nitiaayog will provide opportunities that the previous planning commission structure lacked, to represent the economic interests of the state governments and union territories of India.
Question : 22
Consider the following statements:
- Average annual growth target of 12th Five Year Plan is 9%.
- Average annual growth of the agriculture sector in the Eleventh Five Year Plan was 4%.
a) 2 only
b) 1 and 2 both
c) 1 only
d) None
Answer »Answer: (d)
Average annual growth target of 12th Five Year Plan is 8%. Average annual growth of the agriculture sector in the Eleventh Five Year Plan was 3.3%.
Question : 24
Consider the following statements:
- MNREGA was launched in the 11th Five Year Plan.
- Indira Awas Yojana was launched in the 9th Five Year Plan.
a) 2 only
b) 1 and 2 both
c) 1 only
d) None
Answer »Answer: (a)
The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) is an Indian law that aims to guarantee the ‘right to work’ and ensure livelihood security in rural areas by providing at least 100 days of guaranteed wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work.
Mahatma Gandhi NREGA was launched in 200 select districts in 2006. However, Indira Awas Yojana was launched in the 9th Five Year Plan to provide housing for the rural poor in India.
Question : 25
Consider the following statements regarding Indian planning.
- Inclusive growth is a concept, which involves equitable allocation of resources.
- Inclusive growth as enunciated in the eleventh Five Year Plan also includes strengthening of capital market.
a) 2 only
b) 1 and 2
c) 1 only
d) None
Answer »Answer: (c)
Inclusive growth is a concept that involves the equitable allocation of resources during the process of economic growth with benefits incurred by every section of society.
Inclusive growth as enunciated in the Eleventh Five Year Plan does not include the strengthening of the capital market.
The Inclusive Growth in Eleventh Plan has the objectives of increasing GDP, agricultural GDP, increase work opportunities, developing education, provide clean drinking water, reduce malnutrition, increasing energy efficiency, healthcare facilities, road connectivity, broadband connectivity to villages, increasing forest, etc.
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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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