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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 : 8
A rolling plan was a plan for:

one year
three years
five years
year to year basis

Question No : 9
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]

Services-Industry-Agriculture
Services-Agriculture-Industry
Industry-Services-Agriculture
Industry-Agriculture-Services

Question No : 10
Which one of the following is the task of the Planning Commission? [NDA 1991]

Preparation of the plan
Implementation of the plan
Financing of the plan
Both a and b

Question No : 11
In which Plan was the growth rate target exceeded?

First
Fifth
Sixth
None of these

Question No : 12
Economic survey is published by :[IAS 1998]

Ministry of Finance
Planning Commission
Govt. of India
Indian Statistical Institute

Question No : 13
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

Question No : 14
____ is the ex-officio chairman of Planning Commission and National Development Council.

Prime Minister
President
Finance Minister
Commerce Minister