Deck 1: Economic Planning and Development in India

Question 1

National Development Council was set up in:

A)1948
B)1950
C)1951
D)1952

Answer 1

1952

Question 2

Economic Planning is a subject:

A)in the unionlist
B)in the state list
C)in the concurrent list
D)unspecified in any speciallist

Answer 2

in the unionlist

Question 3

For internal financing of Five Year Plans, the government depends on:

A)taxation only
B)taxation and public borrowing
C)public borrowing and deficitfinancing
D)taxation, public borrowing and deficit financing

Answer 3

taxation only

Question 4

Take off stage' in an economy means:

A)steady growthbegins
B)economy is stagnant
C)economy is about to collapse
D)all controls are removed

Question 5

Above 50% of working population of India is engaged in:

A)public sector
B)primary sector
C)secondary sector
D)tertiary sector

Question 6

Economic survey is published by :

A)ministry of finance
B)planningcommission
C)govt. of india
D)indian statistical institute

Question 7

India has:

A)socialistic economy
B)gandhian economy
C)mixed economy
D)free economy

Question 8

The first attempt to initiate economic planning in India was madeby:

A)balwantrai mehta
B)vallabhbhai patel
C)m. visvesvaraya
D)jawaharlal nehru

Question 9

The decentralisation system was recommended by:

A)c.rajagopalachari b. j.
B)kripalan
C)balwant rai mehta
D)ashok mehta

Question 10

Rolling plan was designed for the period:

A)1978-83
B)1980-85
C)1985-90
D)1974-97

Question 11

Who wrote the book 'Planned Economy for India'?

A)m. visvesvaraya
B)sardar vallabhbhai patel
C)jawaharlal nehru
D)mahatma gandhi

Question 12

'Globalisation of Indian Economy' means:

A)stepping up external borrowings
B)establishing indian business units abroad
C)having minimum possible restrictions on economic relations with othercountries
D)giving up programmes of import substitution

Question 13

The contribution of agriculture to India's' economy is:

A)increasing
B)decreasing
C)onstant
D)none of these

Question 14

Dadabhai Naoroji theorised on the drain of wealth from India inhis book:

A)poverty under british rule in india
B)poverty in british rule in india
C)poverty and un-british rule inindia
D)poverty of economic drain in british india

Question 15

Which one of the following Five-Year Plans recognised human development as the core of all developmental efforts?

A)the third five-year plan
B)the fifth five-year plan
C)the sixth five-year plan
D)the eighth five-year plan

Question 16

In which of the Five YearPlans, preference was given to the weaker sections of the society ?

A)second
B)third
C)fourth
D)fifth

Question 17

The Second Five Year Plan laid more stress upon:

A)agriculture
B)industrialisation
C)removing poverty
D)self-reliance

Question 18

Who among the following was the first Chairman of the PlanningCommission? [CDS 2008]

A)dr. rajendra prasad
B)pt. jawahar lal nehru
C)sardar vallabhbhai patel
D)j.b. kripalani

Question 19

Which Committee's recommendations are being followed for estimating Poverty Line in India?

A)dutt committee
B)chelliah committee
C)chakravorty committee
D)lakdawala committee

Question 20

Absolute Povertymeans:

A)poverty in terms of absolute number ofpeople
B)poverty in terms of the basic minimum calorie requirements
C)poverty in terms of the prevailing pricelevel
D)poverty in terms of the absolute level of unemployment

Question 21

Among the following who are eligible to benefit from the "Mahatma Gandhi National Rural Employment Guarantee Act" ?

A)adult members of only the scheduled caste and scheduled tribe households
B)adult members of below poverty line (bpl) households
C)adult members of households of all backward communities
D)adult members of any household

Question 22

The Food For Work programme was renamedas:

A)rural landless employment guarantee programme (rlegp)
B)national rural employment programme (nrep)
C)jawahar rozgar yojana (jry)
D)integrated rural development programme (irdp)

Question 23

What is the minimumcalorie intake decided by the Planning Commission for rural and urban areas, respectively ?

A)2400 and 2100
B)2100and 2400
C)2400 and 2200
D)2100 and 2200

Question 24

Black money is :

A)counterfeit currency
B)illegally earned money
C)money earned through underhand deals
D)income on which payment of tax is usually evaded

Question 25

The Issue Department of the RBI maintains a against printing of notes:

A)minimum reserve system
B)proportional reserve system
C)proportional gold reserve system
D)proportional foreign securities reserve system