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
planning economic development & five year plans section 2
planning economic development & five year plans section 3
planning economic development & five year plans section 4
planning economic development & five year plans section 5
planning economic development & five year plans section 6
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planning economic development & five year plans section 8
planning economic development & five year plans section 9
planning economic development & five year plans section 10
Question : 31
Golden Quadrangle project is associated with the development of
a) Power Grids
b) Ports
c) Highways
d) Tourism Network
Answer »Answer: (c)
The Golden Quadrangle project is associated with the development of Highways. The Golden Quadrilateral is a highway network connecting many of the major industrial, agricultural and cultural centres of India.
A quadrilateral of sorts is formed by connecting Delhi, Mumbai, Kolkata and Chennai, and hence its name.
Question : 32
In India, planned economy is based on?
a) Capitalist system
b) Socialist system
c) Gandhian system
d) Mixed economy system
Answer »Answer: (d)
The planned economy is based on the mixed economy system.
The concept of a mixed economy evolved from the ideas of Keynes. The concept of Mixed Economy means that both private enterprises and public enterprises coexist.
However, the condition attached is that the private enterprises must work for serving society rather than having only self-interest.
Further, private enterprises may not be allowed in every sector of the economy like area of national importance.
Question : 33
Which of the following were the priority objectives of the Eighth plan?
- Universalization of elementary education.
- Growth and diversification of agriculture.
- Containment of population growth.
- Gradual privatization of most public sector undertakings.
a) 1, 2 and 4
b) 1, 3 and 4
c) 2, 3 and 4
d) 1, 2 and 3
Answer »Answer: (d)
Question : 34
The Economic Planning Committee was established in the chairmanship of
a) Dr. Rajendra Prasad
b) J.L. Nehru
c) K.C. Niyogi
d) Ramkrishna Mudaliyar
Answer »Answer: (b)
After India gained independence, a formal model of planning was adopted, and the Planning Commission, was established on 5 March 950, with Prime Minister Jawaharlal Nehru as the chairman.
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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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