Socio-economic aspects - Indian Planning - MCQs with answers - 1

Socio-economic aspects - Indian Planning - MCQs with answers - 1


1. The Gandhian plan was presented by

a. M N Roy
b. Nehru
c. Shriman Narayan
d. 8 leading economists

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ANSWER: c. Shriman Narayan

Various plans were presented before the establishment of the Planning Commission.



2. Who presented the Peoples Plan?

a. M N Roy
b. Nehru
c. Shriman Narayan
d. 8 leading economists

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ANSWER: a. M N Roy

M N Roy presented Peoples Plan.



3. Consider the following statements and identify the right ones.

i. The National Planning Committee was set up in 1938
ii. It laid that all key industries that are likely to become monopolistic should be under the government control.

a. I only
b. ii only
c. both
d. none

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ANSWER: c. both

The NPC was set up in 1938 by the INC.



4. Consider the following statements and identify the right ones.

i. The Planning Commission was set up by the Government resolution.
ii. It formulates plans for effective utilization of resources.

a. I only
b. ii only
c. both
d. none

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ANSWER: c. both

The Planning Commission was set up in 1950 with the resolution passed by the Government.



5. Consider the following statements and identify the right ones.

i. The NDC came into existence before the Planning Commission
ii. The NDC consists of representatives of both central and state governments.

a. I only
b. ii only
c. both
d. none

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ANSWER: b. ii only

The National Development Council was created much later in 1956.



6. Match the following.

i. 7th FYP --------- a. modernization, growth
ii. 8th FYP -------- b. human resource development
iii. 9th FYP-------- c. equitable distribution and growth with equality
iv. 10th FYP-------- d. growth with emphasis on human development

a. ia, iib, iiic, ivd
b. ic, iib, iiia, ivd
c. ib, iic, iiia, ivd
d. ia, iic, iiid, ivb

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ANSWER: a. ia, iib, iiic, ivd

Self reliance and social justice, modernization and growth were the objectives of the 7th five year plan.



7. Which of the following is not a feature of Indian planning?

a. Physical planning
b. Indicative economic planning
c. Decentralized planning
d. None of the above

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ANSWER: d. None of the above

Indian planning is a physical planning i e fixes the target as well as financial planning.



8. Consider the following statements and identify the right ones.

i. NDC comprises PM, all union cabinet members, all CMs, reps from UTs and members of the commissions.
ii. On some occasions, RBI governor can address the meetings.

a. I only
b. ii only
c. both
d. none

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ANSWER: c. both

There are occasions where the RBI governor and some other experts were allowed to address the meetings.



9. Consider the following statements and identify the right ones.

i. The 1st FYP was based on the Harrad Domar model
ii. The main objective was the development of industrial sector.

a. I only
b. ii only
c. both
d. none

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ANSWER: a. I only

The main objective was the development of agricultural sector and the plan succeeded well.



10. Consider the following statements and identify the right ones.

i. The 2nd FYP followed the balanced growth model of P C Mahalanobis
ii. It aimed at rapid industrialization.

a. I only
b. ii only
c. both
d. none

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ANSWER: b. ii only

The 2nd FYP followed the unbalanced growth model of P C Mahalanobis that gave favor to some key industries.


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  • RE: Socio-economic aspects - Indian Planning - MCQs with answers - 1 -faizan Amin (02/04/20)
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