Indian Economy And Planning Quiz 10 (20 MCQs)

Quiz Instructions

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1. Who of the following was the author of the chapter on "Objectives of Planned Development" for the Third Five Year Plan? [IAS 2008]

Correct Answer: A) Morarji Desai.

2. Under whose leadership were the private banks nationalized?

Correct Answer: C) Indira Gandhi.

3. Which one of the following Five-Year Plans recognised human development as the core of all developmental efforts? [IAS 1995]

Correct Answer: D) The Eighth Five-Year Plan.

4. Rolling plan was in between

Correct Answer: C) 5th and 6th five year plan.

5. Which of the following is correct about the planning in India?

Correct Answer: D) All of these.

6. The decentralisation system was recommended by :

Correct Answer: C) Balwant Rai Mehta.

7. Which Gandhian economist proposed an alternative blueprint that put greater emphasis on rural industrialization:

Correct Answer: C) Kumarappa.

8. Which of the following plan is based on the "Gandhian plan" ?

Correct Answer: B) S.N Agarwal plan & J.P Narayan plan.

9. 10-Which of the following is an objective of tax management?

Correct Answer: C) Compliance with legal formalities.

10. In India, the Public Sector is most dominant in : [IAS 1993]

Correct Answer: C) Commercial banking.

11. Equity as a goal of planning aims to achieve the following objectives:

Correct Answer: D) All of these.

12. In case of credit money

Correct Answer: B) Money value>commodity value.

13. 'Globalisation of Indian Economy' means:

Correct Answer: C) Having minimum possible restrictions on economic relations with other countries.

14. Which of the following is not a function of central bank

Correct Answer: C) Money creation.

15. The Chairman of the National Development Council is:

Correct Answer: C) Prime Minister of India.

16. During which Five Year Plan was the total expenditure on agriculture the highest?

Correct Answer: D) Fourth Five Year Plan.

17. 8-Concealment of income or false claims to reduce tax liability are cases of .....

Correct Answer: A) Tax evasion.

18. What was the name given to the model of decentralized planning adopted by the southern state of India?

Correct Answer: A) Kerala Model.

19. Which of the following is NOT a function of the Planning Commission of India? [RBI Grade B Officer 2011]

Correct Answer: D) Preparation of annual budget of the country and collection of taxes to raise capital for the implementation of the plans.

20. .... is the ex-officio chairman of Planning Commission and National Development Council.

Correct Answer: A) Prime Minister.