For internal financing of Five Year Plans, the government depends on: [NDA 1991]
taxation only
taxation and public borrowing
public borrowing and deficit financing
taxation, public borrowing and deficit financing
Correct Answer :
A. taxation only
Related Questions
70% of working population of India is engaged in:
public sector
primary sector
secondary sector
tertiary sector
For internal financing of Five Year Plans, the government depends on: [NDA 1991]
taxation only
taxation and public borrowing
public borrowing and deficit financing
taxation, public borrowing and deficit financing
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
'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
Among the achievements of Indian planning, we may include:
1. development of strong infrastructure
2. diversification of industry and exports
3. high growth of national income
4. strong control over prices
1 and 2
1, 2 and 3
1, 2 and 4
2 and 3
The Planning Commission is : [UP PCS 1994]
a Ministry
a Government department
an Advisory body
an Autonomous Corporation
Put in chronological order the following Special features/objectives of different Five Year Plans as they were first formulated:
1. Mahalanobis strategy
2. Modernisation
3. Removal of Poverty
4. Emphasis on employment generation
1,2,3,4
2,1,3,4
1,3,2,4
3,4,1,2
In India, the Public Sector is most dominant in : [IAS 1993]
transport
steel production
commercial banking
organised term-lending financial institutions
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
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
Dadabhai Naoroji theorised on the drain of wealth from India in his book:
Poverty under British Rule in India
Poverty in British Rule in India
Poverty and Un-British Rule in India
Poverty of Economic Drain in British India
During which Five Year Plan was the total expenditure on agriculture the highest?
First Five Year Plan
Second Five Year Plan
Third Five Year Plan
Fourth Five Year Plan
Who is called the 'Father of Economics' ?
Max Muller
Karl Marx
Adam Smith
None of these
India opted for 'Mixed Economy' in :
Framing of the Constitution
Second Five Year Plan
Industrial Policy of 1948
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
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 basic objectives of Indian planning are:
1. economic growth
2. self-reliance
3. employment generation
4. population growth
1, 2 and 4
1, 2 and 3
2 and 3
1, 2, 3 and 4
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
The main objective of First Five-year Plan was:
industrial growth
economic growth
development of agriculture including irrigation and power projects
self-reliance
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
Which of the following bodies finalises the Five Year Plan proposals? [IAS 2002]
Planning Commission
Union Cabinet
National Development Council
Ministry of Planning
In which Plan was the growth rate target exceeded?
First
Fifth
Sixth
None of these
The basic difference between imperative and indicative planning is that: [IAS 1993]
it is easier to achieve targets in imperative type of planning
in the case of imperative planning, all economic activities belong to public sector, while in the other type they belong to the private sector
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
in the case of indicative planning, there is no need to nationalise any industry
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
What is the correct sequence of the following strategies used for Five Year Plans in India?
1. Balanced growth
2. Rehabilitation of the economy
3. Industrial development
1, 3, 2
2, 1, 3
2, 3, 1
3, 2, 1
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
The concept of Five Year Plans in India was introduced by
Lord Mountbatten
Jawaharlal Nehru
Indira Gandhi
Lal Bahadur Shastri
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
India's economic planning CANNOT be said to be : [NDA 2002]
indicative
imperative
limited
democratic
Which of the statements given below is/are correct? [CDS 2008]
1. Food for Work Programme was launched in India during the 10th Five Year Plan.
2. The Planning Commission in India is a constitutional body.
1 only
2 only
Both 1 and 2
Neither 1 nor 2