In which Plan was the growth rate target exceeded?
First
Fifth
Sixth
None of these
Correct Answer :
A. First
Related Questions
Which of the following statements about the Indian Economy is correct? [RBI Grade B Officer 2011]
Indian economy is as developed as that of China.
About 70% Indians are involved in some type of self-employment and are the owners of some or the other micro or small enterprise.
In India, single biggest employment is agriculture and allied activities.
None of these
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
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
Planning in India derives its objectives from:
Fundamental Rights
Directive Principles of State policy
Fundamental Duties
Preamble
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
1.National Development Council was set up in:
1948
1950
1951
1952
India opted for 'Mixed Economy' in :
Framing of the Constitution
Second Five Year Plan
Industrial Policy of 1948
None of the above
Which one of the following is a driving force influencing the industrial growth of an economy? [Corporation' Bank PO 2011]
Economic Factors only
Investment only
Innovation/Market Base only
All a , b & c
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
____ is the ex-officio chairman of Planning Commission and National Development Council.
Prime Minister
President
Finance Minister
Commerce Minister
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
Who is called the 'Father of Economics' ?
Max Muller
Karl Marx
Adam Smith
None of these
In which of the Five Year Plans, preference was given to the weaker sections of the society ?
Second
Third
Fourth
Fifth
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
'Take off stage' in an economy means: [CBI 1990]
steady growth begins
economy is stagnant
economy is about to collapse
all controls are removed
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
The decentralisation system was recommended by :
C.Rajagopalachari
J.B. Kripalan
Balwant Rai Mehta
Ashok Mehta
Microeconomics is concerned with:
1. behaviour of industrial decision-makers
2. the level of employment
3. changes in the general level of prices
4. determination of prices of goods and services
1 and 2
2 and 3
3 and 4
1 and 4
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 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
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
India has: [CDS 1992]
Socialistic economy
Gandhian economy
Mixed economy
Free economy
Rolling plan was designed for the period: [IAS 2003]
1978-83
1980-85
1985-90
1974-97
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 principal reason why national economic planning is still being pursued inspite of embracing a market economy since 1991 is that: [IAS 1994]
the vast quantity of capital already deployed in the public sector needs to be nurtured
the market economy is mainly confined to industry and commerce and central planning in agriculture is necessary
it is a constitutional requirement
Five Year Plans can continue to provide a long-term perspective to the economy in market friendly fashions
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
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 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
The Second Five Year Plan laid more stress upon:
agriculture
industrialisation
removing poverty
self-reliance
The growth rate of agricultural production was negative in the:
First Plan
Second Plan
Third Plan
Fourth Plan