Quiz (ECONOMIC PLANNING IN INDIA)Econmics

#1. 12th Five Year Plan focused on the objective of …………….

sustainable growth

reduce poverty

inclusive growth

social justice and equity

#2. Statements that are incorrect regarding India’s Five Year Plan. a) The main objective of First Five Year Plan was development of agriculture. b) Social welfare and poverty eradication were the prime objectives of the Seventh Five Year Plan. c) The Second Five Year Plan focused increased on faster and more inclusive growth. d) Development of both agriculture and industry were the main objectives of the third five year plan.

b and d.

a band d

#3. In NITI Aayog full time members are –

Two

Three

Four

Five

#4. In India, economic planning started in the year ………

1991

1981

1971

1992

#5. …………. is the ex officio Chairman of the planning commission.

Chief minister

Finance minster

Prime minister

President

#6. Statement 1 – NIT1 Aavog takes note of dynamic change in the Indian economy. Statement 2 – Considering the economic social and technological differences in under developed distric-, the body plans to implement various programmes and bring about economic changes. a) statement 1 is correct. b) statement 2 is correct. c) statement 2 is the result of statement 1. d) there is no relation between statement 1 and statement 2.

a, b, d

a, b, and c

c and d

#7. The main objective of the plan was …………….

GDP Growth @ 8%

growth @ 10%

Equity

Self-reliance

#8. Think tank is a

group of experts gathered together by government in order to consider various problems.

group of people head by president

group of thinking people

group of expert gathered for political purpose

#9. Statement is true about First Five Year Plan. a) Reduction of poverty. b) Faster sustainable and more inclusive growth. c) Development of agriculture . d) Growth with stability.

a, b, c and d.

a and d

#10. statements that are true about the planning commission: a) Planning commission was established in 1950. b) The Prime Minister is the Ex- officio chairman of planning commission. c) Economic planning is a time bound programme. d) Economic planning is based on pre-determined objectives.

a and b

a, b, c and d

a and c

none of these

#11. An economic plain must have a ………… limits.

output

growth

input

time

#12. Chair-person of NITI Aayog is —.

President

Vice president

Prime Minister

Finance Minister

#13. Economic plan means ………… use of sources.

Minimum

Limited

Optimum

Maximum

#14. 12th Five Year Plan period –

1985-1990

2012-2017

1992-1997

2002-2007

#15. Statement is not true regarding NIT1 Aayog. (a) There are 5 full time members.(b) There is a governing council. (c) Special invitees are nominated by the Prime Minister.(d) Chief Executive Officer to be appointed by the President for fixed tenure.