Consider the following about the 'Rolling Plan':
I. A plan for the current year which includes the annual budget
II. A plan for a fixed number of years, say 3, 4 or 5
III. It is revised every year as per requirements of the economy
IV. A perspective plan for 10, 15 or 20 years
Which of the above are correct? [BPSC 2011]
I and II
I and III
II and III
I, II, III and IV
Correct Answer :
B. I and III
Related Questions
The first attempt to initiate economic planning in India was made by:
Balwantrai Mehta
Vallabhbhai Patel
M. Visvesvaraya
Jawaharlal Nehru
The main objective of First Five-year Plan was:
industrial growth
economic growth
development of agriculture including irrigation and power projects
self-reliance
Which statement is correct for Indian Planning Commission?
It is not defined in Indian Constitution
Members and Vice-Chairman of it do not have fixed working duration
Members do not require any minimum education
All of the these
'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
The 11th Five Year Plan strategy to raise agricultural output envisages which of the following?
1. Greater attention to land reforms.
2. Double the rate of growth of irrigated area.
3. Promote animal husbandry and fishery.
4. Interest free credit to the farmers.
Select the correct answer [CDS 2008]
1 and 2 only
2 and 3 only
1, 2 and 3
2 and 4 only
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
The steel plants at Durgapur, Bhilai and Rourkela were established during the period of: [NDA 1990]
First Five Year Plan
Second Five Year Plan
Third Five Year Plan
Fourth Five Year PIan
Which of the following is NOT a function of the Planning Commission of India? [RBI Grade B Officer 2011]
Assessment of the material, capital and human resources of the country
Formulation of plans for the most effective and balanced utilization of country's resources
Public cooperation in national development
Preparation of annual budget of the country and collection of taxes to raise capital for the implementation of the plans
The Five Year Plans of India intend to develop the country industrially through: [NDA 1991]
the public sector
the private sector
the public, private, joint and Cooperative sectors
increasing collaboration with non-resident Indians
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
Who is the Deputy Chairman of Planning Commission?
Prime Minister
Finance Minister
Commerce Minister
None of the above
Economic Planning is a subject: [Asstt Grade 1991]
in the Union List
in the State List
in the Concurrent List
unspecified in any special list
The Planning Commission is : [UP PCS 1994]
a Ministry
a Government department
an Advisory body
an Autonomous Corporation
Consider the following about the 'Rolling Plan':
I. A plan for the current year which includes the annual budget
II. A plan for a fixed number of years, say 3, 4 or 5
III. It is revised every year as per requirements of the economy
IV. A perspective plan for 10, 15 or 20 years
Which of the above are correct? [BPSC 2011]
I and II
I and III
II and III
I, II, III and IV
Who is called the 'Father of Economics' ?
Max Muller
Karl Marx
Adam Smith
None of these
Consider the following statements: [IAS 2004]
1. The highest deciding body for planning in India is the Planning Commission of India.
2. The Secretary of the Planning Commission of India is also the Secretary of National Development Council
3. The Constitution includes economic and social planning in the Concurrent List in the Seventh Schedule of the Constitution of India.
Which of the statements given above is/are correct?
1 and 2
2 only
2 and 3
3 only
Who wrote the book 'Planned Economy for India'?
M. Visvesvaraya
Sardar Vallabhbhai Patel
Jawaharlal Nehru
Mahatma Gandhi
Self-reliance in the economic context implies that a country:
1. meets its demands for all goods and services from its domestic production
2. exports some of its goods but does not need to import anything
3. has sufficient foreign exchange reserves to buy all its needs
4. meets its demand for certain vital goods and services from its domestic production
1 and 3
2 and 4
1, 2 and 3
3 and 4
'The strategy of Rolling plan was adopted during the Prime Ministership of: [Railways 1994]
Lal Bahadur Shastri
Indira Gandhi
Morarji Desai
Rajiv Gandhi
The decentralisation system was recommended by :
C.Rajagopalachari
J.B. Kripalan
Balwant Rai Mehta
Ashok Mehta
70% of working population of India is engaged in:
public sector
primary sector
secondary sector
tertiary sector
Indicative Planning being pursued in India since the 8th Plan aims at ensuring that:
1. Planning mechanism plays a facilitatory role
2. Planning mechanism brings about a balance between need and supply
3. Planning mechanism concerns itself with optima! utilisation of resources
4. Planning concerns itself with laying down broad directions in which the economy should move
Choose the correct answer from:
1, 2 and 4
1 and 2
1, 2, 3 and 4
2, 3 and 4
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 may be termed as long-term objectives of Indian planning?
1. Self-reliance
2. Productive employment generation
3. Growth of 7 per cent per annum
4. Growth in infrastructure
1 and 2
3 and 4
1, 2 and 4
2, 3 and 4
The deputy chairman of the Planning Commission: [UP PCS 1994]
is the Prime Minister
is the Planning Minister
holds the rank of a cabinet minister
is an economist of repute
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
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
The Planning Commission of India:
I. was set up in 1950
II. is a constitutional body
III. is an advisory body
IV. is a government department
I and II
II and III
I and III
III only
In which Plan was the growth rate target exceeded?
First
Fifth
Sixth
None of these
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