Economic Planning in India

61.The form of economic planning in India is –
A. Decentralized
B. Prescriptive
C. Socialist and capitalist

D. All of these

Option “D” is correct.
62.The main objectives of economic planning in India have been –
A. Economic growth and self-reliance
B. Reduction in economic inequalities with full employment
C. Poverty alleviation and modernization

D. All of the above

Option “D” is correct.
63.Who is credited with presenting the first idea related to planning in India?
A. Jawaharlal Nehru
B. M. Visvesvaraya
C. Industrialists of mumbai

D. Shri Mann Narayan

Option “B” is correct.
64.The objectives of Indian planning are-
A. Increase in national income
B. Reducing inequalities in income and wealth
C. Poverty alleviation

D. All of these

Option “D” is correct.
65.When was the concept of planning accepted in India?
A. 1947
B. 1950
C. 1951

D. 1952

Option “B” is correct.
66.Which one of the following is an extra-constitutional body?
A. Finance Commission
B. Interstate Council
C. Election Commission

D. Vice President of NITI Aayog

Option “D” is correct.
67.Who approves the draft outline of the five year plan?
A. Finance Commission
B. Policy commission
C. National Development Council

D. Finance Ministry

Option “C” is correct.
68.Who presents the final draft of the five year plan?
A. President
B. Parliament
C. National Development Council

D. Policy commission

Option “C” is correct.
69.The five year plan in India is finally approved by –
A.by the Union Cabinet
B.by the President on the advice of the Prime Minister
C.by NITI Aayog

D.by National Development Council

Option “D” is correct.
70.The highest body to approve the five year plan in India is –
A. Policy Commission
B. Central Cabinet
C. National Development Council

D. Parliament

Option “C” is correct.