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Current Affairs January 2024

What is the correct answer?

4

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:

A. 1, 2 and 4

B. 1 and 2

C. 1, 2, 3 and 4

D. 2, 3 and 4

Correct Answer :

C. 1, 2, 3 and 4


Related Questions

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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

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

A. 1 and 4

B. 2 and 3

C. 1, 2 and 3

D. 3 and 4

What is the correct answer?

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

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

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

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4

The Nehru-Mahalanobis strategy of development guided the planning practice in India from the [CDS 2012]

A. First Five-Year Plan to the Sixth Five-Year Plan

B. Fourth Five-Year Plan to the Eighth Five-Year Plan

C. Second Five-Year Plan to the Seventh Five-Year Plan

D. First Five-Year Plan to the Eighth Five-Year Plan

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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

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

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

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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

India has: [CDS 1992]

A. Socialistic economy

B. Gandhian economy

C. Mixed economy

D. Free economy

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4

A rolling plan was a plan for:

A. one year

B. three years

C. five years

D. year to year basis

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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

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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

What is the correct answer?

4

The growth rate of agricultural production was negative in the:

A. First Plan

B. Second Plan

C. Third Plan

D. Fourth Plan

What is the correct answer?

4

The Five Year Plans of India intend to develop the country industrially through: [NDA 1991]

A. the public sector

B. the private sector

C. the public, private, joint and Cooperative sectors

D. increasing collaboration with non-resident Indians

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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

'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

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

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

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]

A. 1 and 2 only

B. 2 and 3 only

C. 1, 2 and 3

D. 2 and 4 only

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4

Who is called the 'Father of Economics' ?

A. Max Muller

B. Karl Marx

C. Adam Smith

D. None of these

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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

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

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4

Which of the following bodies finalises the Five Year Plan proposals? [IAS 2002]

A. Planning Commission

B. Union Cabinet

C. National Development Council

D. Ministry of Planning

What is the correct answer?

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

The basic objectives of Indian planning are:
1. economic growth
2. self-reliance
3. employment generation
4. population growth

A. 1, 2 and 4

B. 1, 2 and 3

C. 2 and 3

D. 1, 2, 3 and 4

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 deputy chairman of the Planning Commission: [UP PCS 1994]

A. is the Prime Minister

B. is the Planning Minister

C. holds the rank of a cabinet minister

D. is an economist of repute