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Current Affairs January 2024

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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

Correct Answer :

B. there is co-existence of public sector along with private sector


Related Questions

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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

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

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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

An underdeveloped economy is generally characterised by :
1. Iow per capita income
2. Iow rate of capital formation
3. Iow dependency figure
4. working force largely in the tertiary sector

A. 1 and 2

B. 2 and 3

C. 3 and 4

D. 1 and 4

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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

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

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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

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

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

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

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

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

____ 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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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

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

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

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

A. indicative

B. imperative

C. limited

D. democratic

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4

Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India ? [IAS 2007]

A. Services-Industry-Agriculture

B. Services-Agriculture-Industry

C. Industry-Services-Agriculture

D. Industry-Agriculture-Services

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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

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 is the Deputy Chairman of Planning Commission?

A. Prime Minister

B. Finance Minister

C. Commerce Minister

D. None of the above

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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

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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

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

Which of the statements given below is/are correct? [CDS 2008]
1. Food for Work Programme was launched in India during the 10th Five Year Plan.
2. The Planning Commission in India is a constitutional body.

A. 1 only

B. 2 only

C. Both 1 and 2

D. Neither 1 nor 2

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4

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]

A. Sixth five year plan

B. Seventh five year plan

C. Eighth five year plan

D. Ninth five year plan

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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

Which of the following could be said to have prevented the 'trickle down' effects in Indian economy?
1. Increased dependence of agriculture on purchased inputs and privately managed irrigation
2. More employment of labour by larger landholding farmers
3. Lowered participation of women in agricultural workforce due to new technology
4. The failure of the Green Revolution

A. 1 and 2

B. 2 and 3

C. 1 and 3

D. 2 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

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