ECONOMY MCQS SET 78

ECONOMY MCQS SET 78

771) Consider the following statements
1. The Ninth Five Year Plan was launched in the fiftieth year of India's Independence.
2. For the first time in the Indian Economy, the GDP growth rate of the Ninth Five Year Plan was set at 7%.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Answer:  Both 1 and 2
   
772) Inclusive growth as enunciated in the Eleventh Five Year Plan does not include which one of the following?
A) Reduction of poverty
B) Extension of employment opportunities
C) Reduction of gender inequality
D) Strengthening of capital market
Answer:  Strengthening of capital market
   
773) Consider the following components of the Provision of Urban Amenities to Rural Areas (PURA) model of economic development
1. Facilitate road connectivity in villages.
2. Enhancement of electricity in rural areas
3. Establishment of cyber cafe in villages
4. Construction of hospital in rural areas.
Which of the components given above are the major connectivity formulated by the PURA model?
A) 1 and 4
B) 1, 2 and 4
C) 1, 2 and 3
D) All of these
Answer:  All of these
   
774) Which one of the following is correct about the Twelfth Five Year Plan recently approved by the Indian Government?
A) Twelfth Five Year Plan of Indian Economy is from 2011 to 2016.
B) Twelfth Five Year Plan aims to grow GDP at the rate of 10%.
C) Twelfth Five Year Plan aims to sustain the inclusive growth which is started in 11th plan.
D) Both 'b' and 'c' are correct about the 12th Five Year Plan.
Answer:  Twelfth Five Year Plan aims to sustain the inclusive growth which is started in 11th plan.
   
775) Consider the following statements about Fifth Five Year Plan
1. The Fifth Plan was formulated against the backdrop of severe inflationary pressures.
2. The Fifth Plan targeted an annual growth rate of 7% in the National Income.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Answer:  Only 1

776) Which one of the following can aid in furthering the Government's objective of inclusive growth?
1. Promoting self-help group
2. Promoting micro, small and medium enterprises
3. Implementing the rights to education
Select the correct answer using the codes given below
A) 1, 2 and 3
B) 1 and 3
C) 1 and 2
D) Only 2
Answer:  1, 2 and 3
   
777) The major emphasis on the First Five Year Plan of India was
A) agriculture
B) employment
C) industry
D) export promotion
Answer:  agriculture
  
778) Which of the following statements is/are correct?
1. The 14th Finance Commission was constituted under the Chairmanship of Shri Vijay Kelkar.
2. The 14th Finance Commission has been Specifically asked also to recommend how non-priority PSUs be relinquished.
Select the correct answer using the codes given below
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Answer:  Neither 1 nor 2
   
779) The slogan 'Garibi Hatao' (removal of poverty) was given in which Five Year Plan?
A) Second Plan
B) Fourth Plan
C) Fifth Plan
D) Sixth Plan
Answer:  Fifth Plan
  
780) Consider the following statements
1. In the Eleventh Five Year Plan, the growth rate of the expert was always positive.
2. In the middle of the Eleventh Five Year Plan, the import growth was negative due to external factors.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Answer:  Only 2