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Current Affairs January 2024

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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

Correct Answer :

C. 1 and 3


Related Questions

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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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Which one of the following is the task of the Planning Commission? [NDA 1991]

A. Preparation of the plan

B. Implementation of the plan

C. Financing of the plan

D. Both a and b

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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

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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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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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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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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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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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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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'Globalisation of Indian Economy' means:

A. stepping up external borrowings

B. establishing Indian business units abroad

C. having minimum possible restrictions on economic relations with other countries

D. giving up programmes of import substitution

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The decentralisation system was recommended by :

A. C.Rajagopalachari

B. J.B. Kripalan

C. Balwant Rai Mehta

D. Ashok Mehta

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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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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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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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In the context of India's Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in [IAS 2010]

A. fourth Plan

B. sixth Plan

C. eighth Plan

D. tenth Plan

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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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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

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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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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

'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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____ 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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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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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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Who is called the 'Father of Economics' ?

A. Max Muller

B. Karl Marx

C. Adam Smith

D. None of these

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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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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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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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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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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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The Planning Commission of India:
I. was set up in 1950
II. is a constitutional body
III. is an advisory body
IV. is a government department

A. I and II

B. II and III

C. I and III

D. III only