An underdeveloped economy is generally characterised by :
1. Iow per capita income
2. Iow rate of capital formation
3. Iow dependency figure
4. working force largely in the tertiary sector
1 and 2
2 and 3
3 and 4
1 and 4
Correct Answer :
A. 1 and 2
Related Questions
In India, the concepts of minimum heeds and directed anti-poverty programmes were the innovations of: [CDS 2004]
Fourth Five-year Plan
Fifth Five-year Plan
Sixth Five-year Plan
Seventh Five-year Plan
The main objective of First Five-year Plan was:
industrial growth
economic growth
development of agriculture including irrigation and power projects
self-reliance
India opted for 'Mixed Economy' in :
Framing of the Constitution
Second Five Year Plan
Industrial Policy of 1948
None of the above
In India, the Public Sector is most dominant in : [IAS 1993]
transport
steel production
commercial banking
organised term-lending financial institutions
India had a plan holiday: [CPO AC 2003]
after the China-India War of 1962
after the drought of 1966
after the liberation of Bangladesh in 1971
after the India-Pakistan War in 1965
'Take off stage' in an economy means: [CBI 1990]
steady growth begins
economy is stagnant
economy is about to collapse
all controls are removed
Put in chronological order
1. Constitution of National Planning Committee -by the Indian National Congress under Jawaharlal Nehru
2. Planned Economy for India by Visvesvaraya published
3. Bombay Plan
4. Setting up of the National Development Council
1, 2, 3, 4
3, 2, 4, 1
2, 3, 1, 4
2, 1, 3, 4
Mixed economy means an economy where [CDS 2009]
both agriculture and industry are equally promoted by the state
there is co-existence of public sector along with private sector
there is importance of small scale industries along with heavy industries
economy is controlled by military as well as civilian rulers
Planning in India derives its objectives from:
Fundamental Rights
Directive Principles of State policy
Fundamental Duties
Preamble
Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India ? [IAS 2007]
Services-Industry-Agriculture
Services-Agriculture-Industry
Industry-Services-Agriculture
Industry-Agriculture-Services
Which of the following features indicate that Indian economy is of the developing category?
I. Occupation mainly agricultural
II. Chronic unemployment
III. Poor quality of human capital
IV. Low per capita intake of proteins
I, II and III
I and IV
II and III
I, II, III and IV
The basic feature of the Rolling Plans was that:
no physical targets were visualized
revision of the achievements, of previous year
annual fluctuations in prices and major economic developments could be considered while fixing targets
no financial target except in the term of annual plans was envisaged
Which of the following gives an accurate measurement of economic development through Five Year Plans?
Development of education and health services
Development of railways and roadways
Rise in national income and per capita income
Development of industrial towns and industrial estates
India has: [CDS 1992]
Socialistic economy
Gandhian economy
Mixed economy
Free economy
The concept of Five Year Plans in India was introduced by
Lord Mountbatten
Jawaharlal Nehru
Indira Gandhi
Lal Bahadur Shastri
Which of the following could be said to have prevented the 'trickle down' effects in Indian economy?
1. Increased dependence of agriculture on purchased inputs and privately managed irrigation
2. More employment of labour by larger landholding farmers
3. Lowered participation of women in agricultural workforce due to new technology
4. The failure of the Green Revolution
1 and 2
2 and 3
1 and 3
2 and 4
In the context of India's Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in [IAS 2010]
fourth Plan
sixth Plan
eighth Plan
tenth Plan
The Planning Commission is : [UP PCS 1994]
a Ministry
a Government department
an Advisory body
an Autonomous Corporation
Who of the following was the author of the chapter on Objectives of Planned Development for the Third Five Year Plan? [IAS 2008]
Morarji Desai
C.D. Deshmukh
Jawaharlal Nehru
Lal Bahadur Shastri
'Globalisation of Indian Economy' means:
stepping up external borrowings
establishing Indian business units abroad
having minimum possible restrictions on economic relations with other countries
giving up programmes of import substitution
Which of the following bodies finalises the Five Year Plan proposals? [IAS 2002]
Planning Commission
Union Cabinet
National Development Council
Ministry of Planning
Which of the following are not correct assessments of the decades of India's Five-Year Plans?
1. There has been very low capital formation
2. Growth has favoured the better off
3. Production has increased substantially though often falling short of targets
4. The public sector has contributed nothing to economic growth
1 and 4
2 and 3
1, 2 and 3
3 and 4
Who among the following was the first Chairman of the Planning Commission? [CDS 2008]
Dr. Rajendra Prasad
Pt. Jawahar Lal Nehru
Sardar Vallabhbhai Patel
J.B. Kripalani
Who wrote the book 'Planned Economy for India'?
M. Visvesvaraya
Sardar Vallabhbhai Patel
Jawaharlal Nehru
Mahatma Gandhi
70% of working population of India is engaged in:
public sector
primary sector
secondary sector
tertiary sector
The objective of self-reliance and zero net foreign aid was declared in :
Second 5-Yr Plan
Third 5-Yr Plan
Fourth 5-Yr Plan
Fifth 5-Yr Plan
A closed economy is an economy in which [CSAT 2011]
the money supply is fully controlled
deficit financing takes place
only exports take place
neither exports nor imports take place
Which one of the following is the task of the Planning Commission? [NDA 1991]
Preparation of the plan
Implementation of the plan
Financing of the plan
Both a and b
A rolling plan was a plan for:
one year
three years
five years
year to year basis
In which one of the following five year plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set? [NDA 2008]
Sixth five year plan
Seventh five year plan
Eighth five year plan
Ninth five year plan