The main objective of First Five-year Plan was:
industrial growth
economic growth
development of agriculture including irrigation and power projects
self-reliance
Correct Answer :
C. development of agriculture including irrigation and power projects
Related Questions
Who wrote the book 'Planned Economy for India'?
M. Visvesvaraya
Sardar Vallabhbhai Patel
Jawaharlal Nehru
Mahatma Gandhi
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
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
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
Which one of the following Five-Year Plans recognised human development as the core of all developmental efforts? [IAS 1995]
The Third Five-Year Plan
The Fifth Five-Year Plan
The Sixth Five-Year Plan
The Eighth Five-Year Plan
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
1 and 2
2 and 3
1 and 3
2 and 4
India had a plan holiday: [CPO AC 2003]
after the China-India War of 1962
after the drought of 1966
after the liberation of Bangladesh in 1971
after the India-Pakistan War in 1965
Economic Planning is a subject: [Asstt Grade 1991]
in the Union List
in the State List
in the Concurrent List
unspecified in any special list
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 growth rate of agricultural production was negative in the:
First Plan
Second Plan
Third Plan
Fourth Plan
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
Economic survey is published by :[IAS 1998]
Ministry of Finance
Planning Commission
Govt. of India
Indian Statistical Institute
The Nehru-Mahalanobis strategy of development guided the planning practice in India from the [CDS 2012]
First Five-Year Plan to the Sixth Five-Year Plan
Fourth Five-Year Plan to the Eighth Five-Year Plan
Second Five-Year Plan to the Seventh Five-Year Plan
First Five-Year Plan to the Eighth Five-Year Plan
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
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
1 and 3
2 and 4
1, 2 and 3
3 and 4
Which one of the following is the task of the Planning Commission? [NDA 1991]
Preparation of the plan
Implementation of the plan
Financing of the plan
Both a and b
'Take off stage' in an economy means: [CBI 1990]
steady growth begins
economy is stagnant
economy is about to collapse
all controls are removed
Dadabhai Naoroji theorised on the drain of wealth from India in his book:
Poverty under British Rule in India
Poverty in British Rule in India
Poverty and Un-British Rule in India
Poverty of Economic Drain in British India
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
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?
1 and 2
2 only
2 and 3
3 only
Which one of the following is NOT with in the duties of the Planning Commission? [NDA 2003]
To define the stage of growth and suggest allocation of resources
To make an assessment of the material, capital and human resources of the country
To determine the nature of machinery required for implementation of plan proposals
To prepare the annual central budget
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
Who is called the 'Father of Economics' ?
Max Muller
Karl Marx
Adam Smith
None of these
The National Development Council gets its administrative support from:
Planning Commission
Finance Commission
Administrative Reforms Commission
Sarkaria Commission
India opted for 'Mixed Economy' in :
Framing of the Constitution
Second Five Year Plan
Industrial Policy of 1948
None of the above
In India, the Public Sector is most dominant in : [IAS 1993]
transport
steel production
commercial banking
organised term-lending financial institutions
The Planning Commission is : [UP PCS 1994]
a Ministry
a Government department
an Advisory body
an Autonomous Corporation
1.National Development Council was set up in:
1948
1950
1951
1952
Mixed economy means an economy where [CDS 2009]
both agriculture and industry are equally promoted by the state
there is co-existence of public sector along with private sector
there is importance of small scale industries along with heavy industries
economy is controlled by military as well as civilian rulers
The concept of Five Year Plans in India was introduced by
Lord Mountbatten
Jawaharlal Nehru
Indira Gandhi
Lal Bahadur Shastri