ECONOMY MCQS SET 83

ECONOMY MCQS SET 83

821) Which one of the following is not a feature of the Nehru-Mahalanobis model of development strategy?
A) Development of capital goods industries
B) Major involvement of the state in the economy
C) Industrial deregulation and disinvestment in the public sector
D) Enhancing the scope and importance of the public sector
Correct Answer: Industrial deregulation and disinvestment in the public sector
   
822) Consider the following statements
1. The state sets broad parameters and goals for the economy.
2. The targets to be achieved are broadly set by the state.
3. The plan is made for the specific time period of about 15 years.
Which of the statements given above is/are correct about the Indicative Planning?
A) 1, 2 and 3
B) 1 and 2
C) 1 and 3
D) Only 1
Correct Answer: 1 and 2
   
823) During which plan was the National Bank for Agriculture and Rural Development (NABARD) established to facilitate the rural credit and agricultural development?
A) Third Five Year Plan
B) Fifth Five Year Plan
C) Sixth Five Year Plan
D) Eighth Five Year Plan
Correct Answer: Sixth Five Year Plan
   
824) A Five Year Plan was severely affected by the immigration of huge number of people from Bangladesh. Which one of the following Five Year Plans was the Plan mentioned in above?
A) First Five Year Plan
B) Third Five Year Plan
C) Fourth Five Year Plan
D) Sixth Five Year Plan
Correct Answer: Fourth Five Year Plan
   
825) Which one of the following Five Year Plans of Indian economy started the Indicative Planning?
A) Third Five Year
B) Fifth Five Year
C) Sixth Five Year
D) Eighth Five Year
Correct Answer: Eighth Five Year

826) First attempt to initiate economic planning in India was made by
A) Jawaharlal Nehru
B) M Visweswarayya
C) Mahatma Gandhi
D) Dadabhai Naoroji
Correct Answer: M Visweswarayya
   
827) Which one of the following objectives is/are correct about the Maritime Agenda 2010-20 of Indian port?
A) Set a target of 3,130 MT port capacities for the year 2020 by creating more capacities
B) Setting up ports in terms of performance
C) Setting upto 20 more major ports to handle the shortage in the port facilities due to increase in international trade
D) Both 'a' and 'b' are correct
Correct Answer: Both 'a' and 'b' are correct
   
828) The Second Five Year Plan that called for the establishment of socialist pattern of society was commonly referred to as the
A) Harrod Domar Plan
B) Mahalanobis Plan
C) Nehru Plan
D) People's Plan
Correct Answer: Mahalanobis Plan
   
829) NITI Ayog stands for
A) New India Transforming Institute
B) National India Transforming Institute
C) National Institute for Transmission India
D) National Institute for Transforming India
Correct Answer: National Institute for Transforming India
   
830) Who is the Vice-chairman of NITI Aayog?
A) PM Narendra Modi
B) Rajnath Singh
C) Sindhushree Kullar
D) Aravind Panagariya
Correct Answer: Aravind Panagariya