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Current Affairs January 2024

What is the correct answer?

4

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

Correct Answer :

A. Preparation of the plan


Related Questions

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India has: [CDS 1992]

A. Socialistic economy

B. Gandhian economy

C. Mixed economy

D. Free economy

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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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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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70% of working population of India is engaged in:

A. public sector

B. primary sector

C. secondary sector

D. tertiary sector

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The Planning Commission is : [UP PCS 1994]

A. a Ministry

B. a Government department

C. an Advisory body

D. an Autonomous Corporation

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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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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 Nehru-Mahalanobis strategy of development guided the planning practice in India from the [CDS 2012]

A. First Five-Year Plan to the Sixth Five-Year Plan

B. Fourth Five-Year Plan to the Eighth Five-Year Plan

C. Second Five-Year Plan to the Seventh Five-Year Plan

D. First Five-Year Plan to the Eighth Five-Year Plan

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

A. indicative

B. imperative

C. limited

D. democratic

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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

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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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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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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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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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Consider the following about the 'Rolling Plan':
I. A plan for the current year which includes the annual budget
II. A plan for a fixed number of years, say 3, 4 or 5
III. It is revised every year as per requirements of the economy
IV. A perspective plan for 10, 15 or 20 years
Which of the above are correct? [BPSC 2011]

A. I and II

B. I and III

C. II and III

D. I, II, III and IV

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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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4

The basic objectives of Indian planning are:
1. economic growth
2. self-reliance
3. employment generation
4. population growth

A. 1, 2 and 4

B. 1, 2 and 3

C. 2 and 3

D. 1, 2, 3 and 4

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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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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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'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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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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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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Which one of the following is NOT with in the duties of the Planning Commission? [NDA 2003]

A. To define the stage of growth and suggest allocation of resources

B. To make an assessment of the material, capital and human resources of the country

C. To determine the nature of machinery required for implementation of plan proposals

D. To prepare the annual central budget

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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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____ 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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'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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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

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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