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Fundamentals of Indian Economy and Planning
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Fundamentals of Indian Economy and Planning
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25 Questions

1. Which of the following may be termed as long-term objectives of Indian planning? 1. Self-reliance 2. Productive employment generation 3. Growth of 7 per cent per annum 4. Growth in infrastructure
2. Who is called the 'Father of Economics' ?
3. The basic feature of the Rolling Plans was that:
4. In which one of the following five year plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set? [NDA 2008]
5. Who was the first Deputy Chairman of Planning Commission of India?
6. The Planning Commission is : [UP PCS 1994]
7. 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
8. India's economic planning CANNOT be said to be : [NDA 2002]
9. 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]
10. 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?
11. The deputy chairman of the Planning Commission: [UP PCS 1994]
12. Which of the following gives an accurate measurement of economic development through Five Year Plans?
13. Success of 4th plan was obstructed by :
14. India had a plan holiday: [CPO AC 2003]
15. 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
16. 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
17. 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
18. 'Take off stage' in an economy means: [CBI 1990]
19. An underdeveloped economy is generally characterised by : 1. Iow per capita income 2. Iow rate of capital formation 3. Iow dependency figure 4. working force largely in the tertiary sector
20. Microeconomics is concerned with: 1. behaviour of industrial decision-makers 2. the level of employment 3. changes in the general level of prices 4. determination of prices of goods and services
21. 'Globalisation of Indian Economy' means:
22. In India - the Public Sector is most dominant in : [IAS 1993]
23. The Nehru-Mahalanobis strategy of development guided the planning practice in India from the [CDS 2012]
24. 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]
25. The Five Year Plans of India intend to develop the country industrially through: [NDA 1991]