This quiz works best with JavaScript enabled. Home > Indian Economy > Indian Economy And Planning – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Economy And Planning Quiz 5 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Economic planning is based on certain predetermined ..... which are realistic & flexible A) Objectives. B) Plan. C) Goals. D) Authority. Show Answer Correct Answer: A) Objectives. 2. Goal of 8th five year plan was A) Capital formation. B) Human development. C) Agriculture. D) Infrastructure development. Show Answer Correct Answer: B) Human development. 3. Which are the two models of development? A) Capitalist and socialist. B) Capitalist and Marxist. C) Cpaitalistc and Gandhism. D) None of the above. Show Answer Correct Answer: A) Capitalist and socialist. 4. When government encourages more outsourcing in an economy, it is essentially looking forward to:- A) Liberlisation. B) Privatisation. C) Globalisation. D) Deindustrialisatoin. Show Answer Correct Answer: C) Globalisation. 5. Small Scale Industries use which methods of proiduction? A) Labour intensive. B) Capital Intensive. C) Either Labour or Capital intensive. D) Both Labour and Capital intensive. Show Answer Correct Answer: A) Labour intensive. 6. A rolling plan was a plan for: A) One year. B) Three years. C) Five years. D) Year to year basis. Show Answer Correct Answer: A) One year. 7. Who among the following was the first Chairman of the Planning Commission? [CDS 2008] A) Dr. Rajendra Prasad. B) Pt. Jawahar Lal Nehru. C) Sardar Vallabhbhai Patel. D) J.B. Kripalani. Show Answer Correct Answer: B) Pt. Jawahar Lal Nehru. 8. 6-Which among the following is not available to companies? A) 80 IB. B) 80 C. C) 80 G. D) None of these. Show Answer Correct Answer: B) 80 C. 9. Green Revolution resulting from: A) Traditional Irrigation facilities. B) Use of manure. C) HYV seeds. D) None of these. Show Answer Correct Answer: C) HYV seeds. 10. Who is chairperson of NITI Aayog? A) Prime Minister Mr Narendra Modi. B) Mrs Sita Raman. C) Mr Piyush Goel. D) Mrs Mamta Banrjee. Show Answer Correct Answer: A) Prime Minister Mr Narendra Modi. 11. Which part of the Indian Constitution echoes the goal of accomplishing security through the maintenance of peace of india's foreign policy? A) Fundamental Rights. B) Fundamental Duties. C) Directive Principles of the State Policy. D) All of these. Show Answer Correct Answer: C) Directive Principles of the State Policy. 12. Who is known as the father of green revolution in India? A) Dr. Varghese Kurian. B) Dr. M S Swaminathan. C) Dr. Manmohan Singh. D) Dr. M S Ahluwalia. Show Answer Correct Answer: B) Dr. M S Swaminathan. 13. NO.19 TENANCY REFORMS REFERS TO ..... A) NONE. B) BRINGING TOGETHER ALL PLOTS OF LAND OF A CULTIVATOR INTO ONE COMPACT BLOCK. C) THOSE WHO TAKE CULTIVABE LAND ON RENT AND PAY EITHER IN TERMS OF MONEY OR A PART OF PRODUCE. D) DIVIDING THE LAND INTO SMALL PLOTS. Show Answer Correct Answer: C) THOSE WHO TAKE CULTIVABE LAND ON RENT AND PAY EITHER IN TERMS OF MONEY OR A PART OF PRODUCE. 14. ..... undertakes economic planning in a country A) Central planning authority. B) State planning authority. C) Local planning authority. D) None of them. Show Answer Correct Answer: A) Central planning authority. 15. Which of the following is correct? A) M.N Roy-People's plan & J.P Narayan-Sarvodaya plan. B) M.N Roy-Sarvodaya plan & J.P Narayan-People's plan. Show Answer Correct Answer: A) M.N Roy-People's plan & J.P Narayan-Sarvodaya plan. 16. Effort to use modern techniques in science to increase food production in poor countries A) Green revolution. B) Jute. C) Cottage industry. D) Outsourcing. Show Answer Correct Answer: A) Green revolution. 17. For internal financing of Five Year Plans, the government depends on: [NDA 1991] A) Taxation only. B) Taxation and public borrowing. C) Public borrowing and deficit financing. D) Taxation, public borrowing and deficit financing. Show Answer Correct Answer: A) Taxation only. 18. 'Take off stage' in an economy means: [CBI 1990] A) Steady growth begins. B) Economy is stagnant. C) Economy is about to collapse. D) All controls are removed. Show Answer Correct Answer: A) Steady growth begins. 19. Rajya Sabha has ..... nominated members A) Eight. B) Eleven. C) Ten. D) Twelve. Show Answer Correct Answer: D) Twelve. 20. Who was the first Deputy Chairman of Planning Commission of India? A) Shri Jawaharlal Nehru. B) Dr.Rajendra Prasad. C) Shri V.T.Krishnamachari. D) Shri C.Rajagopalachari. Show Answer Correct Answer: C) Shri V.T.Krishnamachari. ← PreviousNext →Related QuizzesIndian Economy And Planning Quiz 1Indian Economy And Planning Quiz 2Indian Economy And Planning Quiz 3Indian Economy And Planning Quiz 4Indian Economy And Planning Quiz 6Indian Economy And Planning Quiz 7Indian Economy And Planning Quiz 8Indian Economy And Planning Quiz 9Indian Economy And Planning Quiz 10Indian Economy And Planning Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books