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MCQ on Economic Planning of India

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Most Important MCQs on the topic ” Economic Planning of India “(Ch-3). These questions are very important for SSC, Railways, Defence, CTET, State PCS, UPSC, Judiciary and all other examinations of India.

Q. In India, planned economy is based on ______.
(A) Gandhian System
(B) Socialist System
(C) Capitalist System
(D) Mixed Economy System

Ans:- (D) Mixed Economy System

Q. The Gandhian Plan was expounded in 1944 by _________
(A) N.R. Sarkar
(B) Kasturi Bhai Lal Bhai
(C) Jai Prakash Narayan
(D) Shriman Narayan Agarwal

Ans:- (D) Shriman Narayan Agarwal

Q. Consider the following prerequisites for planning. It is______

  1. For balanced socio-economic development.
  2. For extending the benefits of development in an even manner.
  3. For focusing on removal of regional disparities.
  4. For maximising the utilisation of available resources of these.

(A) Only 1 and 2 are correct
(B) Only 1, 2 and 3 are correct
(C) Only 2, 3 and 4 are correct
(D) 1, 2, 3 and 4 are correct

Ans:- (D) 1, 2, 3 and 4 are correct

Q. National Planning Committee was set up by _______
(A) Jawahar Lal Nehru
(B) A. Dalal
(C) S. Bose
(D) L.B. Shastri

Ans:- (C) S. Bose

Q. Which was the final authority in India to approve Five Year Plans?
(A) Union Council of Ministers
(B) Planning Commission
(C) Prime Minister
(D) National Development Council (NDC)

Ans:- (D) National Development Council (NDC)

Q. ….. got the highest priority during the first plan period in India.
(A) Self reliance
(B) Growth with social justice
(C) Development of agriculture including irrigation
(D) Removed of unemployment

Ans:- (C) Development of agriculture including irrigation

Q. Khadi and village industry commission was established in______
(A) Third Plan
|(B) Fourth Plan
(C) Second Plan
(D) First Plan

Ans:- (C) Second Plan

Q. Which plan among the following declared its objective of self reliance and zero net foreign aid?
(A) Second Five Year Plan
(B) Third Five Year Plan
(C) Fourth Five Year Plan
(D) Fifth Five Year Plan

Ans:- (C) Fourth Five Year Plan

Q. Consider the following statements regarding Indian Planning.

  1. The Second Five Year Plan emphasised on the establishment of heavy industries.
  2. The Third Five Year Plan introduced the concept of import substitution as a strategy for industrialisation.

Which of the statement(s) given above is/are correct?
(A) Only 1
(B) Only 2
(C) Both 1 and 2
(D) Neither 1 nor 2

Ans:- (C) Both 1 and 2

Q. First Five Year Plan was started in_______
(A) 1951-52
(B) 1956-57
(C) 1961-62
(D) 1966-67

Ans:- (A) 1951-52

Q. The Planned Development Model was adopted in India from_______
(A) 1st April, 1951
(B) 15th August, 1947
(C) 26th January, 1950
(D) 1st May, 1965

Ans:- (A) 1st April, 1951

Q. Which of the following Five Year Plans witnessed the highest growth rate in India?
(A) Eighth Plan
(B) Ninth Plan
(C) Tenth Plan
(D) Eleventh Plan

Ans:- (D) Eleventh Plan

Q. What is the growth rate aimed at in the Eighth Five Year Plan?
(A) 5.6%
(B) 6%
(C) 6.5%
(D) 7%

Ans:- (A) 5.6%

Q. The Second Five Year Plan was base on which model?
(A) Solow model
(B) Domar model
(C) Robinson’s model
(D) Mahalanobis model

Ans:- (D) Mahalanobis model

Q. Under which ‘Five Year Plan’ was the decision to establish a socialistic pattern of society taken?
(A) First Five Year Plan
(B) Second Five Year Plan
(C) Third Five Year Plan
(D) Fourth Five Year Plan

Ans:- (B) Second Five Year Plan

Q. Planning in India, in real sense, began with the Second Five Year Plan. Who was the architect of Indian Planning?
(A) Jawaharlal Nehru
(B) Morarji Desai
(C) C.D. Deshmukh
(D) P.C. Mahalanobis

Ans:- (D) P.C. Mahalanobis

Q. Core Sector in the planning means______
(A) Agriculture
(B) Defense
(C) Iron and Steel Industry
(D) Selected Basic Industry

Ans:- (D) Selected Basic Industry

Q. Goal of Third Five Year Plan in India is ______
(A) equal distribution of Income
(B) self sufficiency and to decrease dependency on foreign aids
(C) development of Backward castes
(D) increase in share of private sector

Ans:- (B) self sufficiency and to decrease dependency on foreign aids

Q. The basic objective of Fifth Five Years Plan was ______
(A) Poverty Removal
(B) Reforms in public distribution system
(C) Inclusive growth
(D) Exclusive growth

Ans:- (A) Poverty Removal

Q. During which Five Year Plan was the Emergency claimed, new elections took place and the Janta Party was elected?
(A) Third
(B) Fourth
(C) Fifth
(D) Sixth

Ans:- (C) Fifth

Q. The slogan of ‘poverty abolition’ was given in which Five Year Plan?
(A) Second Plan
(B) Fourth Plan
(C) Fifth Plan
(D) Sixth Plan

Ans:- (C) Fifth Plan

Q. The Five Year Plan that terminated one year before the scheduled period is ______
(A) Second Five Year Plan
(B) Third Five Year Plan
(C) Fourth Five Year Plan
(D) Fifth Five Year Plan

Ans:- (D) Fifth Five Year Plan

Q. In which one of the year ‘Rolling Plan’ was in operation in India?
(A) 1968-69
(B) 1978-79
(C) 1988-89
(D) 1990-91

Ans:- (B) 1978-79

Q. The Plan Holiday refers to the period _________
(A) 1955-68
(B) 1965-68
(C) 1966-69
(D) 1978-80

Ans:- (C) 1966-69

Q. ‘The Rolling Plan’ for backward countries was suggested by _______
(A) G. Myrdal
(B) W.A. Lewis
(C) R. Nurkse
(D) A. Samuelson

Ans:- (A) G. Myrdal

Q. Consider the following statements about ‘Rolling plan’ it is______

  1. A plan for single year.
  2. A plan that is determined for 3, 4 or 5 years.
  3. Reviewed every year according to the necessities of the economy.
  4. A pre-requisite plan for 10, 15 or 20 years of these.

Choose the correct answer from the codes given below.
Code
(A) Only 1 and 2 are correct
(B) Only 1 and 3 are correct
(C) Only 2 and 3 are correct
(D) 1, 2, 3 and 4 are correct

Ans:- (D) 1, 2, 3 and 4 are correct

Q. The core slogan of Seventh Plan was ______
(A) Food, work and productivity
(B) Free education for all children
(C) Five percent growth rate of national income
(D) Community development programme

Ans:- (A) Food, work and productivity

Q. Which one of the following Five Year Plans recognised human development as the core of all development efforts?
(A) The Third Five Year Plan
(B) The Fifth Five Year Plan
(C) The Sixth Five Year Plan
(D) The Eighth Five Year Plan

Ans:- (D) The Eighth Five Year Plan

Q. Which Five Year Plan in India gave emphasis on co-operative Federalism?
(A) Ninth Five Year Plan
(B) Tenth Five Year Plan
(C) Eleventh Five Year Plan
(D) Twelfth Five Year Plan

Ans:- (A) Ninth Five Year Plan

Q. In which of the following Five Year Plans the Women’s component plan was introduced as a major strategy?
(A) Tenth Five Year Plan
(B) Eleventh Five Year Plan
(C) Ninth Five Year Plan
(D) Twelfth Five Year Plan

Ans:- (C) Ninth Five Year Plan

Q. Which one of the following Five Years Plan of India focused on ‘Growth with Social Justice and Equity’?
(A) Ninth Five Year Plan
(B) Third Five Year Plan
(C) Fourth Five Year Plan
(D) Fifth Five Year Plan

Ans:- (A) Ninth Five Year Plan

Q. National Horticulture Mission was launched in which of the following Five Year Plans?
(A) Eleventh Five Year Plan
(B) Tenth Five Year Plan
(C) Ninth Five Year Plan
(D) None of the above

Ans:- (B) Tenth Five Year Plan

Q. The core concept of the Eleventh Five Year Plan was ______
(A) Human Resource Development
(B) Growth with social justice and equality
(C) Human well being
(D) Faster and more inclusive growth

Ans:- (B) Growth with social justice and equality

Q. Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following ______
(A) Reduction of poverty
(B) Extension of employment opportunities
(C) Strengthening of capital market
(D) Reduction of gender inequality

Ans:- (C) Strengthening of capital market

Q. Since the start of planning in India, the total number of years not covered by any five year plans is_______
(A) 6
(B) 7
(C) 5
(D) 3

Ans:- (B) 7

Q. ‘Planning from below’ is known as______
(A) Centralised planning
(B) Decentralised planning
(C) Functional planning
(D) Structural planning

Ans:- (B) Decentralised planning

Q. Who authored the book, ‘Planned Economy for India’?
(A) M. Visvesvaraya
(B) J.R.D. Tata
(C) G.D. Birla
(D) Pattabhi Sitaramayya

Ans:- (A) M. Visvesvaraya

Q. Eleventh Five Year Plan emphasised on ______
(A) Economic Growth Social Justice
(B) Economic Growth and Human Development
(C) Faster and more inclusive growth
(D) Faster, Sustainable and more inclusive growth

Ans:- (C) Faster and more inclusive growth

Q. In India which of the following Five Year Plans was launched with a focus on sustainable growth?
(A) 9th
(B) 10th
(C) 11th
(D) 12th

Ans:- (D) 12th

Q. Match the following plans and programmes
List-I (Plan)
(a) 1st plan
(b) 2nd plan
(c) 3rd plan
(d) 4th plan
(e) 5th plan
List-II (Programmes)

  1. Rapid Industrialisation
  2. Community Development
  3. Expansion of basic industries
  4. Minimum Needs programme
  5. Achievement of self reliance and growth with stability

Select the correct answer from the codes below.
Code
(a) (b) (c) (d) (e)
(A) 1 2 3 4 5
(B) 2 1 4 5 3
(C) 2 1 3 4 5
(D) 2 1 3 5 4

Ans:- (D) 2 1 3 5 4

Q. The planning process in the industrial sector in India has assumed a relatively less important position in the nineties as compared to that in the earlier period. Which one of the following is not true in this regard?
(A) With the advent of liberalisation, industrial investments / developments have largely been placed within the domain of private and multinational sector
(B) With markets assuming a central place, the role of central planning in many sector has been rendered redundant
(C) The focus of planning has shifted to sectors like human, resource development, infrastructure, population control and welfare
(D) The nation’s priorities have shifted away from industrial development to rural development

Ans:- (D) The nation’s priorities have shifted away from industrial development to rural development


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