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4

India has: [CDS 1992]

A. Socialistic economy

B. Gandhian economy

C. Mixed economy

D. Free economy

Correct Answer :

C. Mixed economy


Related Questions

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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

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4

Who was the first Deputy Chairman of Planning Commission of India?

A. Shri Jawaharlal Nehru

B. Dr.Rajendra Prasad

C. Shri V.T.Krishnamachari

D. Shri C.Rajagopalachari

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4

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

A. 1 and 2

B. 2 and 3

C. 3 and 4

D. 1 and 4

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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

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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

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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

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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

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4

The Second Five Year Plan laid more stress upon:

A. agriculture

B. industrialisation

C. removing poverty

D. self-reliance

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4

The decentralisation system was recommended by :

A. C.Rajagopalachari

B. J.B. Kripalan

C. Balwant Rai Mehta

D. Ashok Mehta

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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

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4

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

A. Prime Minister

B. President

C. Finance Minister

D. Commerce Minister

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Which one of the following is NOT with in the duties of the Planning Commission? [NDA 2003]

A. To define the stage of growth and suggest allocation of resources

B. To make an assessment of the material, capital and human resources of the country

C. To determine the nature of machinery required for implementation of plan proposals

D. To prepare the annual central budget

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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

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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

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4

For internal financing of Five Year Plans, the government depends on: [NDA 1991]

A. taxation only

B. taxation and public borrowing

C. public borrowing and deficit financing

D. taxation, public borrowing and deficit financing

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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

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4

A closed economy is an economy in which [CSAT 2011]

A. the money supply is fully controlled

B. deficit financing takes place

C. only exports take place

D. neither exports nor imports take place

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4

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

A. increasing

B. decreasing

C. constant

D. None of these

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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

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4

India has: [CDS 1992]

A. Socialistic economy

B. Gandhian economy

C. Mixed economy

D. Free economy

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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

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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

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4

The Planning Commission is : [UP PCS 1994]

A. a Ministry

B. a Government department

C. an Advisory body

D. an Autonomous Corporation

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Which one of the following Five-Year Plans recognised human development as the core of all developmental efforts? [IAS 1995]

A. The Third Five-Year Plan

B. The Fifth Five-Year Plan

C. The Sixth Five-Year Plan

D. The Eighth Five-Year Plan

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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

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4

The first attempt to initiate economic planning in India was made by:

A. Balwantrai Mehta

B. Vallabhbhai Patel

C. M. Visvesvaraya

D. Jawaharlal Nehru

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4

'The strategy of Rolling plan was adopted during the Prime Ministership of: [Railways 1994]

A. Lal Bahadur Shastri

B. Indira Gandhi

C. Morarji Desai

D. Rajiv Gandhi

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4

The concept of Five Year Plans in India was introduced by

A. Lord Mountbatten

B. Jawaharlal Nehru

C. Indira Gandhi

D. Lal Bahadur Shastri

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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

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4

Who is the Deputy Chairman of Planning Commission?

A. Prime Minister

B. Finance Minister

C. Commerce Minister

D. None of the above