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Current Affairs January 2024

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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

Correct Answer :

C. Industrial Policy of 1948


Related Questions

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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

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4

The National Development Council gets its administrative support from:

A. Planning Commission

B. Finance Commission

C. Administrative Reforms Commission

D. Sarkaria Commission

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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 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

Planning in India derives its objectives from:

A. Fundamental Rights

B. Directive Principles of State policy

C. Fundamental Duties

D. Preamble

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4

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

A. 1,2,3,4

B. 2,1,3,4

C. 1,3,2,4

D. 3,4,1,2

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4

India had a plan holiday: [CPO AC 2003]

A. after the China-India War of 1962

B. after the drought of 1966

C. after the liberation of Bangladesh in 1971

D. after the India-Pakistan War in 1965

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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

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

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

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

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

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

Which of the following may be termed as long-term objectives of Indian planning?
1. Self-reliance
2. Productive employment generation
3. Growth of 7 per cent per annum
4. Growth in infrastructure

A. 1 and 2

B. 3 and 4

C. 1, 2 and 4

D. 2, 3 and 4

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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

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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

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4

Who wrote the book 'Planned Economy for India'?

A. M. Visvesvaraya

B. Sardar Vallabhbhai Patel

C. Jawaharlal Nehru

D. Mahatma Gandhi

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4

During which Five Year Plan was the total expenditure on agriculture the highest?

A. First Five Year Plan

B. Second Five Year Plan

C. Third Five Year Plan

D. Fourth Five Year Plan

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4

Economic Planning is a subject: [Asstt Grade 1991]

A. in the Union List

B. in the State List

C. in the Concurrent List

D. unspecified in any special list

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4

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

A. 1 and 2

B. 1, 2 and 3

C. 1, 2 and 4

D. 2 and 3

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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 among the following was the first Chairman of the Planning Commission? [CDS 2008]

A. Dr. Rajendra Prasad

B. Pt. Jawahar Lal Nehru

C. Sardar Vallabhbhai Patel

D. J.B. Kripalani

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4

1.National Development Council was set up in:

A. 1948

B. 1950

C. 1951

D. 1952

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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

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

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

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4

Rolling plan was designed for the period: [IAS 2003]

A. 1978-83

B. 1980-85

C. 1985-90

D. 1974-97

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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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Which of the following statements about the Indian Economy is correct? [RBI Grade B Officer 2011]

A. Indian economy is as developed as that of China.

B. About 70% Indians are involved in some type of self-employment and are the owners of some or the other micro or small enterprise.

C. In India, single biggest employment is agriculture and allied activities.

D. None of these