Planning
- Who among the following suggested the ‘Rolling Plan’?
- a) John W. Miller
- b) D.T. Lakdawala
- c) Gunnar Myrdal
- d) Sukhmany Chakraborty
- Answer: c) Gunnar Myrdal
- Who among the following gave the ‘Gandhian Plan’ in 1944?
- a) D.D. Dhar
- b) S.N. Aggarwal
- c) M.N. Roy
- d) J.P. Narayan
- Answer: b) S.N. Aggarwal
- What was the main motive of the Third Five-Year Plan in India?
- a) Rural Development
- b) Agriculture
- c) Financial Inclusion
- d) Economic Reform
- Answer: b) Agriculture
- The period of Plan Holiday in India was:
- a) 1962-65
- b) 1966-69
- c) 1969-72
- d) 1972-75
- Answer: b) 1966-69
- Who presides over the National Development Council of India?
- a) Deputy Chairman of Planning Commission
- b) Prime Minister of India
- c) Finance Minister of India
- d) Vice President of India
- Answer: b) Prime Minister of India
2. Unemployment
- In a developing country like India, in which sector does a high rate of disguised unemployment exist?
- a) Corporate Sector
- b) Household Sector
- c) Service Sector
- d) Agriculture Sector
- Answer: d) Agriculture Sector
- _____ is the unemployment which exists in any economy due to people being in the process of moving from one job to another.
- a) Seasonal Unemployment
- b) Cyclical Unemployment
- c) Frictional Unemployment
- d) Structural Unemployment
- Answer: c) Frictional Unemployment
- What is Educated Unemployment?
- a) Kind of unemployment generally found in urban areas
- b) Kind of unemployment when people cannot find jobs during some months of the year
- c) Kind of employment generally found in urban areas
- d) None of these
- Answer: a) Kind of unemployment generally found in urban areas
3. Agriculture Development
- The new agriculture strategy in India was introduced in:
- a) 1956
- b) 1966
- c) 1976
- d) 1986
- Answer: b) 1966
- How does agriculture promote Indian industrial development?
- a) By opening up markets for industrial products
- b) By providing food and clothing to laborers
- c) By supplying raw materials
- d) All of the given options
- Answer: d) All of the given options
- What percentage of India’s population is employed in agriculture?
- a) 85%
- b) 70%
- c) 55%
- d) 40%
- Answer: d) 40%
- The apex institution in the sphere of agricultural credit is:
- a) State Bank of India
- b) Reserve Bank of India
- c) Regional Rural Bank
- d) NABARD
- Answer: d) NABARD
- Where is the Central Rice Research Institute located?
- a) Bengaluru
- b) Kanpur
- c) Coimbatore
- d) Cuttack
- Answer: d) Cuttack
- NABARD was established in the:
- a) Fourth Five Year Plan
- b) Fifth Five Year Plan
- c) Sixth Five Year Plan
- d) Eighth Five Year Plan
- Answer: c) Sixth Five Year Plan
- Where is the Indian Sugarcane Research Institute situated?
- a) New Delhi
- b) Varanasi
- c) Kanpur
- d) Lucknow
- Answer: d) Lucknow
- Which of the following experienced the fastest expansion during the planning period in India?
- a) Agriculture
- b) Industry
- c) Services
- d) None of these
- Answer: c) Services
- Rourkela Steel Plant was set up with assistance from:
- a) USSR
- b) West Germany
- c) USA
- d) UK
- Answer: b) West Germany
4. Poverty
- What is the accepted average calorie requirement for rural areas in India?
- a) 2100
- b) 2200
- c) 2300
- d) 2400
- Answer: d) 2400
- The concept of ‘minimum needs’ and ‘directed anti-poverty programs’ were the innovation of:
- a) Fourth Five Year Plan
- b) Fifth Five Year Plan
- c) Sixth Five Year Plan
- d) Seventh Five Year Plan
- Answer: b) Fifth Five Year Plan
- The Bonded Labour System (Abolition) Act was legislated in:
- a) 1974
- b) 1976
- c) 1977
- d) 1978
- Answer: b) 1976
- Which of the following is/are included in ‘Deficit Financing’ in India?
- a) Borrowing from the Reserve Bank of India
- b) Issue of new currency notes
- c) Withdrawal of past balances/surpluses
- d) All of the above
- Answer: d) All of the above
- The importance of agriculture in India’s economy is indicated by its contribution to:
- a) National income and employment
- b) Industrial development and international trade
- c) Supply of food grains
- d) All of the above
- Answer: d) All of the above
- The apex organization for Marketing Co-operatives at the national level is:
- a) FCI
- b) NAFED
- c) National Co-operative Union
- d) National Agriculture Marketing Board
- Answer: b) NAFED
- Which of the following provides the largest credit to agriculture and allied sectors?
- a) Co-operative banks
- b) Regional Rural Banks
- c) Commercial Banks
- d) Both a & b
- Answer: c) Commercial Banks
- In Indian economy, sectors are divided into private and public on what basis?
- a) Ownership of enterprises
- b) Usage of raw materials
- c) Nature of economic activities
- d) Employment policies
- Answer: a) Ownership of enterprises