ECONOMY MCQS SET 84

ECONOMY MCQS SET 84

831) Which one of the following Five Year Plans of Indian Economy was terminated by the Janata Government?
A) Fourth Five Year Plan
B) Fifth Five Year Plan
C) Seventh Five Year Plan
D) Eighth Five Year Plan
Correct Answer: Fifth Five Year Plan
   
832) Consider the following statements
1. In the history of Indian Planning, the actual growth rate of the GDP is never higher than the targeted growth rate.
2. In the First Five Year Plan, the actual GDP growth rate was more than the targeted growth rate.
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
Correct Answer: Only 2
   
833) Which one of the following Five Year Plans of Indian economy took the first step to devalue the Indian rupee after independence?
A) Second Five Year Plan
B) Third Five Year Plan
C) Fifth Five Year Plan
D) Sixth Five Year Plan
Correct Answer: Third Five Year Plan
   
834) Consider the following statements
1. Perspective Planning is the planning of a long period of time usually 15-20 years.
2. In the Indicative Planning the state sets a broad parameters and goals for the economy.
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
Correct Answer: Both 1 and 2
   
835) Which plan laid special emphasis on improving the condition of under privileged and weaker sections?
A) Fifth Plan
B) Fourth Plan
C) Tenth Plan
D) Eighth Plan
Correct Answer: Fourth Plan

836) Original approach to Fifth Plan is prepared by
A) DP Dhar
B) Indira Gandhi
C) C Subrahmaniam
D) None of the above
Correct Answer: C Subrahmaniam
   
837) What is the targetted growth rate of 12th Plan?
A) 0.081
B) 0.08
C) 0.065
D) 0.056
Correct Answer: 0.08
   
838) Mahalanobis Plan Model adopted in India in the Mid-fifties aimed at
A) building a strong defense Industry
B) Setting up heavy industry which were capital Intensive
C) Curbing inflation in he economy.
D) Removing unemployment With in a short period.
Correct Answer: Setting up heavy industry which were capital Intensive
   
839) Which of the following crops are covered under Modified National Agricultural Insurance Scheme?
1. Food crops which include cereals, millets and pulses
2. Oil seeds
3. Annual commercial/horticultural crop
4. Floricultural crops
Choose the right answer from the codes given below
A) 1, 2 and 3
B) 3 and 4
C) 1 and 2
D) All of these
Correct Answer: 1, 2 and 3
   
840) Consider the following statements.
1. India has about 15% of livestock population of the world.
2. India is second to China in the population of buffalo livestock in the world.
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
Correct Answer: Only 1