NATURE OF INDIAN ECONOMY MCQS SET 17

NATURE OF INDIAN ECONOMY MCQS SET 17

161) Which of the following gives an accurate measurement of economic development through Five Year Plans?
A) Development of education and health services
B) Development of railways and roadways
C) Rise in national income and per capita income
D) Development of industrial towns and industrial estates
Correct Answer: Rise in national income and per capita income
   
162) In India the Public Sector is most dominant in:
A) transport
B) steel production
C) commercial banking .
D) organized term-lending financial institution
Correct Answer: commercial banking .
   
163) The first attempt to initiate economic planning in India was made by:
A) Dadabhai Naoroji
B) Balwantrai Mehta
C) Ramesh Chandra Dutt
D) M. Visvesvaraya
Correct Answer: M. Visvesvaraya
   
164) The decentralization system was recommended by:
A) C.Rajagopalachari
B) J.B. Kripalani
C) Balwant Rai Mehta
D) Ashok Mehta
Correct Answer: Balwant Rai Mehta
   
165) Match the following:
List I      List II
A. First Plan       1. Rapid industrialisation
B. Second Plan      2. Community Development Progamme
C. Third Plan      3. Expansion of basic industries
D. Fourth Plan      4. Minimum Needs Programme
E. Fifth Plan      5. Achievement of self-reliance and growth with stability
A B C D E
A) 1 2 3 4 5
B) 2 1 3 5 4
C) 2 1 3 4 5
D) 2 1 4 5 3
Correct Answer: 2 1 3 5 4

166) The main objective of First Five-year Plan was:
A) industrial growth
B) economic growth
C) development of agriculture including irrigation and power projects
D) self-reliance
Correct Answer: development of agriculture including irrigation and power projects
   
167) Community Development Programme was launched during:
A) First Five Year Plan
B) Second Five Year Plan
C) Fourth Five Year Plan
D) Fifth Five Year Plan
Correct Answer: First Five Year Plan
   
168) India had a plan holiday:
A) after the China-India War of 1962
B) after the drought of 1966
C) after the liberation of Bangladesh in 1971
D) after the India-Pakistan War in 1965
Correct Answer: after the drought of 1966
   
169) In which Plan was the growth rate target exceeded?
A) First
B) Fifth
C) Sixth
D) None of these
Correct Answer: First
   
170) Put in chronological order the following Special features/objectives of different Five Year Plans as they were first formulated:
1. Mahalanobis strategy
2. Modernisation
3. Removal of Poverty
4. Emphasis on employment generation
A) 1, 2, 3, 4
B) 2, 1, 3, 4
C) 1, 3, 2, 4
D) 3, 4, 1, 2
Correct Answer: 1, 3, 2, 4