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Current Affairs January 2024

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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

Correct Answer :

D. None of the above


Related Questions

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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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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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The Second Five Year Plan laid more stress upon:

A. agriculture

B. industrialisation

C. removing poverty

D. self-reliance

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Which of the following statements about the Indian Economy is correct? [RBI Grade B Officer 2011]

A. Indian economy is as developed as that of China.

B. About 70% Indians are involved in some type of self-employment and are the owners of some or the other micro or small enterprise.

C. In India, single biggest employment is agriculture and allied activities.

D. None of these

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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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In which Plan was the growth rate target exceeded?

A. First

B. Fifth

C. Sixth

D. None of these

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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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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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India has: [CDS 1992]

A. Socialistic economy

B. Gandhian economy

C. Mixed economy

D. Free economy

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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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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 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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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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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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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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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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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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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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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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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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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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Who is called the 'Father of Economics' ?

A. Max Muller

B. Karl Marx

C. Adam Smith

D. None of these

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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 concept of Five Year Plans in India was introduced by

A. Lord Mountbatten

B. Jawaharlal Nehru

C. Indira Gandhi

D. Lal Bahadur Shastri

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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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Economic survey is published by :[IAS 1998]

A. Ministry of Finance

B. Planning Commission

C. Govt. of India

D. Indian Statistical Institute

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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 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

A. I, II and III

B. I and IV

C. II and III

D. I, II, III and IV

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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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In India, the Public Sector is most dominant in : [IAS 1993]

A. transport

B. steel production

C. commercial banking

D. organised term-lending financial institutions