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Current Affairs January 2024

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4

What is the correct sequence of the following strategies used for Five Year Plans in India?
1. Balanced growth
2. Rehabilitation of the economy
3. Industrial development

A. 1, 3, 2

B. 2, 1, 3

C. 2, 3, 1

D. 3, 2, 1

Correct Answer :

C. 2, 3, 1


Related Questions

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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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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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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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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

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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The Second Five Year Plan laid more stress upon:

A. agriculture

B. industrialisation

C. removing poverty

D. self-reliance

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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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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

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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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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Who is called the 'Father of Economics' ?

A. Max Muller

B. Karl Marx

C. Adam Smith

D. None of these

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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

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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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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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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 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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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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'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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The basic difference between imperative and indicative planning is that: [IAS 1993]

A. it is easier to achieve targets in imperative type of planning

B. in the case of imperative planning, all economic activities belong to public sector, while in the other type they belong to the private sector

C. in the case of the imperative planning, the market mechanism is entirely replaced by a command hierarchy, while in the case of indicative planning, it is looked upon as a way to improve the functioning of the market system

D. in the case of indicative planning, there is no need to nationalise any industry

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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

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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The growth rate of agricultural production was negative in the:

A. First Plan

B. Second Plan

C. Third Plan

D. Fourth Plan

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Success of 4th plan was obstructed by :

A. poor monsoon

B. war with Pakistan

C. problem of Bengal refugees

D. All of the above

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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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'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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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

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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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In which Plan was the growth rate target exceeded?

A. First

B. Fifth

C. Sixth

D. None of these

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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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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