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Fundamentals Of Indian Economy MCQ Question with Answer

Fundamentals Of Indian Economy MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 29
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

Question No : 30
70% of working population of India is engaged in:

public sector
primary sector
secondary sector
tertiary sector

Question No : 31
Planning in India derives its objectives from:

Fundamental Rights
Directive Principles of State policy
Fundamental Duties
Preamble

Question No : 32
India's economic planning CANNOT be said to be : [NDA 2002]

indicative
imperative
limited
democratic

Question No : 33
The basic objectives of Indian planning are:
1. economic growth
2. self-reliance
3. employment generation
4. population growth

1, 2 and 4
1, 2 and 3
2 and 3
1, 2, 3 and 4

Question No : 34
The 11th Five Year Plan strategy to raise agricultural output envisages which of the following?
1. Greater attention to land reforms.
2. Double the rate of growth of irrigated area.
3. Promote animal husbandry and fishery.
4. Interest free credit to the farmers.
Select the correct answer [CDS 2008]

1 and 2 only
2 and 3 only
1, 2 and 3
2 and 4 only

Question No : 35
'The strategy of Rolling plan was adopted during the Prime Ministership of: [Railways 1994]

Lal Bahadur Shastri
Indira Gandhi
Morarji Desai
Rajiv Gandhi