Economic Planning in India

1.The total number of years uncovered in any five year plan since the inception of the plan in India is –
A. 3
B. 5
C. 6

D. 7

Option “B” is correct.
2.The ‘Plan Holiday’ in India was –
A. After the Sino-Indian War of 1962
B. After the drought of 1966
C. After the independence of Bangladesh in 1971

D. After the Indo-Pakistani War in 1965

Option “B” is correct.
3.Which of the following is correct –
A. First Five Year Plan – Priority to Agriculture
B. Fourth Five Year Plan – Development and self-reliance with stability
C. Fifth Five Year Plan – Minimum Needs Program

D. All of these

Option “B” is correct.
4.During which five year plan did the economic growth rate not exceed the target?
A. First
B. Second
C. Fifth

D. Sixth

Option “B” is correct.
5.Match the : Plan A. First Plan B. Second Plan C. Third Plan D. Fourth Plan E. Fifth Plan Programs 1. Rapid Industrialization 2. Community Development 3. Expansion of Basic Industries 4. Minimum Needs Program 5. Attainment of Self-Reliance and growth with stability
A. A → 1, B → 2, C → 3, D → 4, E → 5
B. A → 2, B → 1, C → 4, D → 5, E → 3
C. A → 2, B → 1, C → 3, D → 4, E → 5

D. A → 2, B → 1, C → 3, D → 5, E → 4

Option “B” is correct.
6.Which sector was given priority in the first five year plan?
A. To industrial area
B. To the agricultural sector
C. To the service sector

D. To export

Option “B” is correct.
7.The first five year plan was based on which model of development?
A. Harrod Domar Model
B. Samuelson model
C. Mahalanobis Model

D. Input-output model

Option “B” is correct.
8.In which five year plan was the process of industrialization started in India?
A. First
B. Second
C. Third

D. Charturth

Option “B” is correct.
9.Who prepared the draft of the second five year plan?
A. B. N. Gadgil
B. B. K. R. V. Rao
C. P. C. Mahalanobis

D. C. N. Vakil

Option “B” is correct.
10.Khadi and Village Industries Commission was established under which Five Year Plan?
A. First
B. Second
C. Third

D. Fourth

Option “B” is correct.