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G.K. on Indian Economy – Series 4

Economic Planning of India Book. The modern age is the age of fast development. Fast development is feasible with economic Planning. Though planning is over 2400 years previous having its initial reference and formulation by Plato in his ‘Republic’ a similar idea earned a scientific form and support once the top of World War-II for the rehabilitation and reconstruction of war divested economies similarly as for the fast economic development of the underdeveloped economies. Therefore Planning is taken into account because of the remedy for the event of developing countries like India.

Economic Planning of India Book

Select the correct Answer

1. Assertion (A), Reason (R) type Mark Code

(a) Both A and R are true, R is the correct explanation of A.

(b) Both A and R are true but R is not the correct explanation of A

(c)A is true but R is false.

(d)A is false but R is true

Assertion (A): In India’s mixed economy, economic planning has been adopted

Reason (R): Without planning, objective of socio-economic development cannot be achieved.

Code: (a), (b), (c), (d)

Ans: (a) Both A and Rare true, R is the correct explanation of A.  

2. The five year plans were replaced by the Annual Plans during 1966-69 because

(a) The Fourth Plan was not ready

(b) The bad shape of the economy

(c) The Indo-Pak War

(d) Massive hike in oil prices

Ans: (b) The bad shape of the economy  

3. Mahalanobis Model laid great emphasis on the development of

(a) Agriculture

(b) Heavy industries

(c)Energy

(d) Science and Technology

Ans:(b) Heavy industries  

4.The National Programme for Minimum Needs was an important element of the

(a) Second Plan

আপুনি যদি আমাৰ পেজ পঢ়ি ভাল পাইছে তেন্তে আমাৰ ‘নিউজলেটাৰ চাবস্ক্রাইব’ কৰক। নতুবা আমাৰ ‘ফেচবুক পৃষ্ঠা’ অনুসৰণ কৰক বা আমাৰ “ইউটিউব চেনেল চাবস্ক্রাইব’ কৰক ।

(b)Third Plan

(c) Fourth Plan

(d) Fifth Plan

Ans: (d) Fifth Plan  

5. Which of the following was not a major feature of the First Plan?

(a) Priority to agriculture

(b) Rehabilitating the economy

(c) Community development projects

(d) Priority to heavy industries

Ans: (d) Priority to heavy industries  

6. Which one of the following person is regarded as the brain behind the Green Revolution?

(a) Jawaharlal Nehru

(b) Rati Ahmed Kidwai

(c)M.S. Swaminathan

(d) Pratap Singh Kairon

Ans: (c) M.S. Swaminathan  

7. Under the new scheme of employment generation in the rural areas during seventh plan, all the ongoing Schemes have been amalgamated with the-  

(a) NREP

(b) JRY

(c) REGP

(d) IRDP

Ans: (b) JRY  

8. Which one of the following is not a part of the strategy of direct attack on poverty?

(a) IRDP

(b) JRY

(c) NREP

(d) Family Planning programme

Ans: (d) Family Planning programme  

9. The gains of the Green Revolution have mainly been confined to-

(a) Wheat and rice

(b) Potatoes and sugar cane

(c) Pulses and oil seeds

(d) Jute and cotton

Ans: (a) Wheat and rice  

10. The New Agricultural Strategy, popularly known as the Green Revolution, was initiated in

(a) 1947-48

(b) 1955-56

(c) 1966-67

(d) 1971-72

Ans: (c) 1966-67

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