Indian Economy chapter practice
Practise 80+ Planning in India MCQs for UPSC Prelims in Indian Economy, including 14+ previous year questions. The sample set below is shown with correct answers and explanations.
12 sample questions are shown here; sign up free to practise all 80.
The Atal Innovation Mission is set up under:
Explanation
Correct. The Atal Innovation Mission was established under NITI Aayog to promote innovation and entrepreneurship across India.
Consider the following statements about the Five Year Plans: 1. The Second Plan focused on rapid expansion of capital goods industries. 2. The Fourth Plan addressed the problem of concentration of economic power. 3. The Fifth Plan was the first to include financial sector reforms. Which of the statements given above are correct?
Explanation
Correct. Statement 1 is right as the Second Plan followed the Mahalanobis model emphasizing capital goods. Statement 2 is right as the Fourth Plan addressed wealth concentration. Statement 3 is wrong because financial sector reforms came much later with the 1991 reforms.
The Quality Council of India was set up jointly by the Government of India and:
Explanation
Correct. The Quality Council of India was created jointly by the Government and Indian industry, represented by major industry associations.
The Government established NITI Aayog to replace:
Explanation
Correct. NITI Aayog was established in January 2015 to replace the Planning Commission.
Which one of the following was the main objective of the Twelfth Five Year Plan?
Explanation
Correct. The Twelfth Five Year Plan emphasized faster, sustainable and more inclusive growth.
The National Development Council consisted of:
Explanation
Correct. It included the Prime Minister, Union Cabinet Ministers, members of the Planning Commission, and Chief Ministers or Administrators.
Inclusive growth as articulated in Indian planning does NOT primarily include:
Explanation
Correct. Capital market strengthening may support growth, but it is not itself the core normative objective of inclusive growth in planning documents.
Which Five Year Plan is generally associated with the beginning of the post-reform shift toward a new industrialization pattern?
Explanation
Correct. The Eighth Plan reflected the post-1991 reform environment and a changed industrial strategy.
During which Five Year Plan was the Emergency clamped, new elections took place, and the Janata Party came to power?
Explanation
Correct. The Fifth Plan (1974-79) coincided with the Emergency period (1975-77) and the subsequent elections that brought the Janata Party to power.
Which body gave the final approval to the Five Year Plans in India?
Explanation
Correct. The National Development Council approved Five Year Plans after considering drafts prepared by the Planning Commission.
The Sixth and the Eighth Five Year Plans covered the periods 1980-85 and 1992-97 respectively. The Seventh Five Year Plan covered the period:
Explanation
Correct. The Seventh Five Year Plan covered 1985-90.
The Eighth Five Year Plan is different from the earlier ones. The critical difference lies in the fact that:
Explanation
Correct. The Eighth Plan, operating in the post-1991 reform environment, placed considerable emphasis on infrastructure growth as a distinguishing feature.
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