NATURE OF INDIAN ECONOMY MCQS SET 18

NATURE OF INDIAN ECONOMY MCQS SET 18

171) In India the concepts of “minimum heeds” and “directed anti-poverty programmes" were the innovations of:
A) Fourth Five-year Plan
B) Fifth Five-year Plan
C) Sixth Five-year Plan
D) Seventh Five-year Plan
Correct Answer: Fifth Five-year Plan
   
172) Match the following:
List-l       List-ll
A. Year of the Great Divide      1. 1950
B. Industrial Policy Resolution      2. 1921
C. Setting up of Planning Commission      3. 1969
D. Nationalisation of 14 Commercial banks      4. 1956
A B C D
A) 2 4 1 3
B) 4 3 1 2
C) 2 1 3 4
D) 1 3 4 2
Correct Answer: 2 4 1 3
   
173) Success of 4th plan was obstructed by:
A) poor monsoon
B) war with Pakistan
C) problem of Bangladeshi refugees
D) All of the above
Correct Answer: All of the above
   
174) What is the correct duration of revised 6th plan?
A) 1975-80
B) 1977-82
C) 1979-84
D) 1980-85
Correct Answer: 1980-85
   
175) Consider the following statements:
1. Launching of Fourth five-year plan was postponed and three annual plans had to be resorted to between 1966 to 1969.
2. Fifth five-year plan was terminated a year earlier.
3. Eighth five-year plan commenced in 1992 instead of 1990.
Which of these statements are correct?
A) 2 and 3
B) 1 and 2
C) 1 and 3
D) 1, 2 and 3
Correct Answer: 1, 2 and 3

176) Rolling plan was designed for the period:
A) 1978-83
B) 1980-85
C) 1985-90
D) 1974-97
Correct Answer: 1978-83
   
177) 'The strategy of Rolling plan was adopted during the Prime Ministership of:
A) Lal Bahadur Shastri
B) lndira Gandhi
C) Morarji Desai
D) Rajiv Gandhi
Correct Answer: Morarji Desai
   
178) A rolling plan was a plan for:
A) one year
B) three years
C) five years
D) year to year basis
Correct Answer: one year
   
179) The basic feature of the Rolling Plans was that:
A) major development projects were to be completed in the stipulated period
B) revision of the achievements of previous year
C) annual fluctuations in prices and major economic developments could be considered while fixing targets
D) no financial target except in the term of annual plans was envisaged
Correct Answer: annual fluctuations in prices and major economic developments could be considered while fixing targets
   
180) The growth rate of agricultural production was negative in the:
A) First Plan
B) Second Plan
C) Third Plan
D) Fourth Plan
Correct Answer: Third Plan