Which of the following features indicate that Indian economy is of the developing category?
I. Occupation mainly agricultural
II. Chronic unemployment
III. Poor quality of human capital
IV. Low per capita intake of proteins
I, II and III
I and IV
II and III
I, II, III and IV
Correct Answer :
D. I, II, III and IV
Related Questions
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
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
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
____ is the ex-officio chairman of Planning Commission and National Development Council.
Prime Minister
President
Finance Minister
Commerce Minister
The Five Year Plans of India intend to develop the country industrially through: [NDA 1991]
the public sector
the private sector
the public, private, joint and Cooperative sectors
increasing collaboration with non-resident Indians
'Globalisation of Indian Economy' means:
stepping up external borrowings
establishing Indian business units abroad
having minimum possible restrictions on economic relations with other countries
giving up programmes of import substitution
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
1 and 2
1, 2 and 3
1, 2 and 4
2 and 3
Who among the following was the first Chairman of the Planning Commission? [CDS 2008]
Dr. Rajendra Prasad
Pt. Jawahar Lal Nehru
Sardar Vallabhbhai Patel
J.B. Kripalani
Which of the following is NOT a function of the Planning Commission of India? [RBI Grade B Officer 2011]
Assessment of the material, capital and human resources of the country
Formulation of plans for the most effective and balanced utilization of country's resources
Public cooperation in national development
Preparation of annual budget of the country and collection of taxes to raise capital for the implementation of the plans
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.
1 only
2 only
Both 1 and 2
Neither 1 nor 2
70% of working population of India is engaged in:
public sector
primary sector
secondary sector
tertiary sector
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 wrote the book 'Planned Economy for India'?
M. Visvesvaraya
Sardar Vallabhbhai Patel
Jawaharlal Nehru
Mahatma Gandhi
The deputy chairman of the Planning Commission: [UP PCS 1994]
is the Prime Minister
is the Planning Minister
holds the rank of a cabinet minister
is an economist of repute
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
Which of the following statements is correct? [AAO 1993]
Planning Commission is a constitutional body
The Prime Minister is the Chairman of the Planning Commission
The Minister of Planning is always necessarily the Deputy Chairman of Planning Commission
The draft plan is prepared by the National Development Council
During which Five Year Plan was the total expenditure on agriculture the highest?
First Five Year Plan
Second Five Year Plan
Third Five Year Plan
Fourth Five Year Plan
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
In India, the Public Sector is most dominant in : [IAS 1993]
transport
steel production
commercial banking
organised term-lending financial institutions
A rolling plan was a plan for:
one year
three years
five years
year to year basis
The Planning Commission is : [UP PCS 1994]
a Ministry
a Government department
an Advisory body
an Autonomous Corporation
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
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 of the following gives an accurate measurement of economic development through Five Year Plans?
Development of education and health services
Development of railways and roadways
Rise in national income and per capita income
Development of industrial towns and industrial estates
The Second Five Year Plan laid more stress upon:
agriculture
industrialisation
removing poverty
self-reliance
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
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
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 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