Home
Current Affairs January 2024

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

Correct Answer :

C. commercial banking


Related Questions

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 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

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

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

Which one of the following is the task of the Planning Commission? [NDA 1991]

A. Preparation of the plan

B. Implementation of the plan

C. Financing of the plan

D. Both a and b

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

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

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

A. Second

B. Third

C. Fourth

D. Fifth

What is the correct answer?

4

Which of the following statements is correct? [AAO 1993]

A. Planning Commission is a constitutional body

B. The Prime Minister is the Chairman of the Planning Commission

C. The Minister of Planning is always necessarily the Deputy Chairman of Planning Commission

D. The draft plan is prepared by the National Development Council

What is the correct answer?

4

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

A. Poverty under British Rule in India

B. Poverty in British Rule in India

C. Poverty and Un-British Rule in India

D. Poverty of Economic Drain in British India

What is the correct answer?

4

Success of 4th plan was obstructed by :

A. poor monsoon

B. war with Pakistan

C. problem of Bengal refugees

D. All of the above

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

1.National Development Council was set up in:

A. 1948

B. 1950

C. 1951

D. 1952

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

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

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]

A. I and II

B. I and III

C. II and III

D. I, II, III and IV

What is the correct answer?

4

In which Plan was the growth rate target exceeded?

A. First

B. Fifth

C. Sixth

D. None of these

What is the correct answer?

4

India's economic planning CANNOT be said to be : [NDA 2002]

A. indicative

B. imperative

C. limited

D. democratic

What is the correct answer?

4

Planning in India derives its objectives from:

A. Fundamental Rights

B. Directive Principles of State policy

C. Fundamental Duties

D. Preamble

What is the correct answer?

4

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

A. I, II and III

B. I and IV

C. II and III

D. I, II, III and IV

What is the correct answer?

4

Economic survey is published by :[IAS 1998]

A. Ministry of Finance

B. Planning Commission

C. Govt. of India

D. Indian Statistical Institute

What is the correct answer?

4

Who of the following was the author of the chapter on Objectives of Planned Development for the Third Five Year Plan? [IAS 2008]

A. Morarji Desai

B. C.D. Deshmukh

C. Jawaharlal Nehru

D. Lal Bahadur Shastri

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

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

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

'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 other countries

D. giving up programmes of import substitution

What is the correct answer?

4

Who wrote the book 'Planned Economy for India'?

A. M. Visvesvaraya

B. Sardar Vallabhbhai Patel

C. Jawaharlal Nehru

D. Mahatma Gandhi

What is the correct answer?

4

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

A. 1 and 3

B. 2 and 4

C. 1, 2 and 3

D. 3 and 4

What is the correct answer?

4

The Planning Commission is : [UP PCS 1994]

A. a Ministry

B. a Government department

C. an Advisory body

D. an Autonomous Corporation

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