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Current Affairs January 2024

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4

Which statement is correct for Indian Planning Commission?

A. It is not defined in Indian Constitution

B. Members and Vice-Chairman of it do not have fixed working duration

C. Members do not require any minimum education

D. All of the these

Correct Answer :

D. All of the these


Related Questions

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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 Second Five Year Plan laid more stress upon:

A. agriculture

B. industrialisation

C. removing poverty

D. self-reliance

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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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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

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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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

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4

A closed economy is an economy in which [CSAT 2011]

A. the money supply is fully controlled

B. deficit financing takes place

C. only exports take place

D. neither exports nor imports take place

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4

During which Five Year Plan was the total expenditure on agriculture the highest?

A. First Five Year Plan

B. Second Five Year Plan

C. Third Five Year Plan

D. Fourth Five Year Plan

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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

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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4

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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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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The decentralisation system was recommended by :

A. C.Rajagopalachari

B. J.B. Kripalan

C. Balwant Rai Mehta

D. Ashok Mehta

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4

Who wrote the book 'Planned Economy for India'?

A. M. Visvesvaraya

B. Sardar Vallabhbhai Patel

C. Jawaharlal Nehru

D. Mahatma Gandhi

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4

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

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

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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4

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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'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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India has: [CDS 1992]

A. Socialistic economy

B. Gandhian economy

C. Mixed economy

D. Free economy

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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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4

In India, the concepts of minimum heeds and directed anti-poverty programmes were the innovations of: [CDS 2004]

A. Fourth Five-year Plan

B. Fifth Five-year Plan

C. Sixth Five-year Plan

D. Seventh Five-year Plan

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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 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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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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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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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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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 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