Home
Current Affairs January 2024

What is the correct answer?

4

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?

A. 1 and 2

B. 2 only

C. 2 and 3

D. 3 only

Correct Answer :

B. 2 only


Related Questions

What is the correct answer?

4

The growth rate of agricultural production was negative in the:

A. First Plan

B. Second Plan

C. Third Plan

D. Fourth Plan

What is the correct answer?

4

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

A. 1 and 4

B. 2 and 3

C. 1, 2 and 3

D. 3 and 4

What is the correct answer?

4

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

A. 1 and 2

B. 2 and 3

C. 1 and 3

D. 2 and 4

What is the correct answer?

4

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

A. 1 and 2

B. 2 and 3

C. 3 and 4

D. 1 and 4

What is the correct answer?

4

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

A. I and II

B. II and III

C. I and III

D. III only

What is the correct answer?

4

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

A. increasing

B. decreasing

C. constant

D. None of these

What is the correct answer?

4

Which of the following is NOT a function of the Planning Commission of India? [RBI Grade B Officer 2011]

A. Assessment of the material, capital and human resources of the country

B. Formulation of plans for the most effective and balanced utilization of country's resources

C. Public cooperation in national development

D. Preparation of annual budget of the country and collection of taxes to raise capital for the implementation of the plans

What is the correct answer?

4

In India, the Public Sector is most dominant in : [IAS 1993]

A. transport

B. steel production

C. commercial banking

D. organised term-lending financial institutions

What is the correct answer?

4

The basic difference between imperative and indicative planning is that: [IAS 1993]

A. it is easier to achieve targets in imperative type of planning

B. in the case of imperative planning, all economic activities belong to public sector, while in the other type they belong to the private sector

C. in the case of the imperative planning, the market mechanism is entirely replaced by a command hierarchy, while in the case of indicative planning, it is looked upon as a way to improve the functioning of the market system

D. in the case of indicative planning, there is no need to nationalise any industry

What is the correct answer?

4

The principal reason why national economic planning is still being pursued inspite of embracing a market economy since 1991 is that: [IAS 1994]

A. the vast quantity of capital already deployed in the public sector needs to be nurtured

B. the market economy is mainly confined to industry and commerce and central planning in agriculture is necessary

C. it is a constitutional requirement

D. Five Year Plans can continue to provide a long-term perspective to the economy in market friendly fashions

What is the correct answer?

4

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

A. 1, 2, 3, 4

B. 3, 2, 4, 1

C. 2, 3, 1, 4

D. 2, 1, 3, 4

What is the correct answer?

4

Which one of the following is a driving force influencing the industrial growth of an economy? [Corporation' Bank PO 2011]

A. Economic Factors only

B. Investment only

C. Innovation/Market Base only

D. All a , b & c

What is the correct answer?

4

In India, the concepts of minimum heeds and directed anti-poverty programmes were the innovations of: [CDS 2004]

A. Fourth Five-year Plan

B. Fifth Five-year Plan

C. Sixth Five-year Plan

D. Seventh Five-year Plan

What is the correct answer?

4

A rolling plan was a plan for:

A. one year

B. three years

C. five years

D. year to year basis

What is the correct answer?

4

The main objective of First Five-year Plan was:

A. industrial growth

B. economic growth

C. development of agriculture including irrigation and power projects

D. self-reliance

What is the correct answer?

4

Which statement is correct for Indian Planning Commission?

A. It is not defined in Indian Constitution

B. Members and Vice-Chairman of it do not have fixed working duration

C. Members do not require any minimum education

D. All of the these

What is the correct answer?

4

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?

A. 1 and 2

B. 2 only

C. 2 and 3

D. 3 only

What is the correct answer?

4

The objective of self-reliance and zero net foreign aid was declared in :

A. Second 5-Yr Plan

B. Third 5-Yr Plan

C. Fourth 5-Yr Plan

D. Fifth 5-Yr Plan

What is the correct answer?

4

Mixed economy means an economy where [CDS 2009]

A. both agriculture and industry are equally promoted by the state

B. there is co-existence of public sector along with private sector

C. there is importance of small scale industries along with heavy industries

D. economy is controlled by military as well as civilian rulers

What is the correct answer?

4

Who is the Deputy Chairman of Planning Commission?

A. Prime Minister

B. Finance Minister

C. Commerce Minister

D. None of the above

What is the correct answer?

4

The steel plants at Durgapur, Bhilai and Rourkela were established during the period of: [NDA 1990]

A. First Five Year Plan

B. Second Five Year Plan

C. Third Five Year Plan

D. Fourth Five Year PIan

What is the correct answer?

4

Which of the following gives an accurate measurement of economic development through Five Year Plans?

A. Development of education and health services

B. Development of railways and roadways

C. Rise in national income and per capita income

D. Development of industrial towns and industrial estates

What is the correct answer?

4

____ is the ex-officio chairman of Planning Commission and National Development Council.

A. Prime Minister

B. President

C. Finance Minister

D. Commerce Minister

What is the correct answer?

4

'Take off stage' in an economy means: [CBI 1990]

A. steady growth begins

B. economy is stagnant

C. economy is about to collapse

D. all controls are removed

What is the correct answer?

4

The Five Year Plans of India intend to develop the country industrially through: [NDA 1991]

A. the public sector

B. the private sector

C. the public, private, joint and Cooperative sectors

D. increasing collaboration with non-resident Indians

What is the correct answer?

4

The Second Five Year Plan laid more stress upon:

A. agriculture

B. industrialisation

C. removing poverty

D. self-reliance

What is the correct answer?

4

The deputy chairman of the Planning Commission: [UP PCS 1994]

A. is the Prime Minister

B. is the Planning Minister

C. holds the rank of a cabinet minister

D. is an economist of repute

What is the correct answer?

4

The decentralisation system was recommended by :

A. C.Rajagopalachari

B. J.B. Kripalan

C. Balwant Rai Mehta

D. Ashok Mehta

What is the correct answer?

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]

A. fourth Plan

B. sixth Plan

C. eighth Plan

D. tenth Plan

What is the correct answer?

4

India opted for 'Mixed Economy' in :

A. Framing of the Constitution

B. Second Five Year Plan

C. Industrial Policy of 1948

D. None of the above