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Indian Economy And Planning Quiz 1 (60 MCQs)

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1. Which was the last Five Year plan in Indian?
2. If the total deposit created by commercial banks is Rs 20000 cr and LRR is 20%, then amount of initial deposit will be
3. Deposit creation process comes to an end when
4. Which one of the following is a driving force influencing the industrial growth of an economy? [Corporation' Bank PO 2011]
5. What was the period of the 12th five-year plan of India?
6. 1-Using the loopholes of law to reduce tax is known as
7. In which year was india's first five year Plan launched?
8. Which five year plan was based on Harrod-domar Model & its main focus on the agricultural development of the country?
9. After independence Modernization was associated with1. The ideas of growth2. Material progess3. Scientific rationality
10. Narendra Modi announced demonetization on
11. Which five year plan was the motto or slogan "Garibi-Hatao" (Poverty eradication)
12. What is the other name of Inward Looking Trade Policy?
13. 4-If the tax liability of a company is less than 15 % of its book profits, the company is liable to pay MAT at the rate of .....
14. The basic difference between imperative and indicative planning is that: [IAS 1993]
15. The legislature also ensures that the government does not misspend or overspend through the .....
16. The Five Year Plans of India intend to develop the country industrially through: [NDA 1991]
17. Which of the followings is not an objective of Five Year Plans of India?
18. The planning commission was set up in March 1950 by a ..... of the govt of India.
19. The first five year plan started on
20. When did the first 5year plan came into effect
21. The basic feature of the Rolling Plans was that:
22. During which five year plan private sector got priority over public sector?
23. Long Term Measures undertaken during 1991 New Economic Policy were called as:-
24. Full form of NITI Aayog is
25. Which of the following objectives of 4th five year plan?
26. The very first five-year plan of India was based on the model of
27. Planning in India derives its objectives from:
28. The currency created by the central bank is called
29. What was the main theme of the 12th five-year plan of India
30. Which of the following agency is responsible for issuing Rs 1 currency note in India?
31. Success of 4th plan was obstructed by :
32. Main reason for plan holiday 1966-69 was.
33. Assertion:The idea of planning as a process of rebuilding the economy earned public support in the 1940s and 1950s all over the world. Reason:Many countries were influenced by economic growth against heavy odds in the soviet union in the 1930s and 1940s
34. Rolling plan was designed for the period: [IAS 2003]
35. Right refers to those who believe that1. Free competition and market economy alone ensure progress2. Th govt must intervene in the economy
36. Who wrote the book 'Planned Economy for India'?
37. The first attempt to initiate economic planning in India was made by:
38. Which economic model is followed by India?
39. Hiring workers in other countries to do a set of jobs
40. Which of the following bodies finalises the Five Year Plan proposals? [IAS 2002]
41. Planning Commission was scrapped on
42. In which five-year plan India opted for a mixed economy?
43. At the time of independence what percentage of population of India were depend on agriculture?
44. What can be a Good Example Of Think-tank in the following.
45. NITI Aayog is neither a constitutional nor a statutory body
46. Does NITI Aayog incorporates the NRI (Non-Resident Indian) community's proposal
47. Buying and selling of government securities by the central bank from/to banks is called?
48. Who was the first chairman of Planning Commission, GOI
49. When was Niti Aayog setup?
50. India had a plan holiday: [CPO AC 2003]
51. The objective of self-reliance and zero net foreign aid was declared in :
52. After 1967, how many banks were nationalized?
53. Economic survey is published by :[IAS 1998]
54. Demand deposit created by the commercial bank are called
55. Which plan focused shift of labour from the agrarian sector to industrial sector?
56. Assertion:There were few supporters of the American-style capitalist development in India after independence. Reason:Main responsibility of the govt was poverty alleviation and social and economic redistribution
57. Which five year plan is called as " Gadgil yojana" .
58. In India, Planning is generally for a period of 5 years.
59. In India, planning was conceived as the main instrument of:
60. The Nehru-Mahalanobis strategy of development guided the planning practice in India from the [CDS 2012]
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