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Q1Indian Economy·Planning in IndiaPYQ 2019
The Atal Innovation Mission is set up under:
- ADepartment of Science and Technology
- BMinistry of Labour and Employment
- CNITI AayogCorrect
- DMinistry of Skill Development and Entrepreneurship
Explanation
Correct. The Atal Innovation Mission was established under NITI Aayog to promote innovation and entrepreneurship across India.
Why the other options are incorrect
- Option A
While DST promotes science, the Atal Innovation Mission operates under NITI Aayog.
- Option B
The Ministry of Labour has no role in administering this mission.
- Option D
Skill development is a separate ministry and does not house this mission.
Q2Indian Economy·Planning in IndiaPYQ 2018
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?
- A1 and 2 onlyCorrect
- B2 only
- C3 only
- D1, 2 and 3
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.
Why the other options are incorrect
- Option B
Statement 1 is also correct, so this option is incomplete.
- Option C
Statement 3 is incorrect; financial sector reform was not a Fifth Plan feature.
- Option D
Statement 3 is wrong, so all three cannot be correct.
Q3Indian Economy·Planning in IndiaPYQ 2017
The Quality Council of India was set up jointly by the Government of India and:
- AReserve Bank of India
- BIndustry associationsCorrect
- CNITI Aayog
- DElection Commission of India
Explanation
Correct. The Quality Council of India was created jointly by the Government and Indian industry, represented by major industry associations.
Why the other options are incorrect
- Option A
RBI was not the joint founding partner.
- Option C
NITI Aayog did not exist at the time of its creation.
- Option D
The Election Commission has no such role.
Q4Indian Economy·Planning in IndiaPYQ 2015
The Government established NITI Aayog to replace:
- AHuman Rights Commission
- BFinance Commission
- CLaw Commission
- DPlanning CommissionCorrect
Explanation
Correct. NITI Aayog was established in January 2015 to replace the Planning Commission.
Why the other options are incorrect
- Option A
The National Human Rights Commission continues to exist as a separate statutory body.
- Option B
The Finance Commission is a constitutional body and was not replaced.
- Option C
The Law Commission is a separate advisory body on legal reforms.
Q5Indian Economy·Planning in IndiaPYQ 2014
Which one of the following was the main objective of the Twelfth Five Year Plan?
- ARapid industrial licensing
- BFaster, sustainable and more inclusive growthCorrect
- CImmediate adoption of full capital account convertibility
- DReplacing the mixed economy with complete privatization
Explanation
Correct. The Twelfth Five Year Plan emphasized faster, sustainable and more inclusive growth.
Why the other options are incorrect
- Option A
Industrial licensing was largely dismantled earlier and was not the central objective of the Twelfth Plan.
- Option C
Capital account convertibility was not the defining goal of the Twelfth Plan.
- Option D
India did not adopt complete privatization as a plan objective.
Q6Indian Economy·Planning in IndiaPYQ 2013
The National Development Council consisted of:
- AOnly the Prime Minister and Union Finance Minister
- BMembers of the Planning Commission, Union Cabinet Ministers, and Chief MinistersCorrect
- COnly Chief Ministers of States
- DOnly experts nominated by the President
Explanation
Correct. It included the Prime Minister, Union Cabinet Ministers, members of the Planning Commission, and Chief Ministers or Administrators.
Why the other options are incorrect
- Option A
The NDC had a broader composition than just two Union leaders.
- Option C
Chief Ministers were included, but they were not the only members.
- Option D
It was not an expert-only presidential body.
Q7Indian Economy·Planning in IndiaPYQ 2010
Inclusive growth as articulated in Indian planning does NOT primarily include:
- AReducing poverty
- BExpanding employment opportunities
- CStrengthening capital market as an end in itselfCorrect
- DReducing gender inequality
Explanation
Correct. Capital market strengthening may support growth, but it is not itself the core normative objective of inclusive growth in planning documents.
Why the other options are incorrect
- Option A
Poverty reduction is central to inclusive growth.
- Option B
Employment expansion is a core pillar of inclusive growth.
- Option D
Gender inequality reduction is a recognized component of inclusive development.
Q8Indian Economy·Planning in IndiaPYQ 2010
Which Five Year Plan is generally associated with the beginning of the post-reform shift toward a new industrialization pattern?
- AFifth Plan
- BSixth Plan
- CEighth PlanCorrect
- DTenth Plan
Explanation
Correct. The Eighth Plan reflected the post-1991 reform environment and a changed industrial strategy.
Why the other options are incorrect
- Option A
The Fifth Plan predates the 1991 reforms.
- Option B
The Sixth Plan was before the major reform phase.
- Option D
The shift began earlier than the Tenth Plan.
Q9Indian Economy·Planning in IndiaPYQ 2009
During which Five Year Plan was the Emergency clamped, new elections took place, and the Janata Party came to power?
- AThird Plan
- BFourth Plan
- CFifth PlanCorrect
- DSixth Plan
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.
Why the other options are incorrect
- Option A
The Third Plan ended in 1966, well before the Emergency of 1975.
- Option B
The Fourth Plan ended in 1974, just before the Emergency was declared.
- Option D
The Sixth Plan began in 1980, after the Emergency period had ended.
Q10Indian Economy·Planning in IndiaPYQ 2002
Which body gave the final approval to the Five Year Plans in India?
- APlanning Commission
- BUnion Cabinet
- CNational Development CouncilCorrect
- DParliament
Explanation
Correct. The National Development Council approved Five Year Plans after considering drafts prepared by the Planning Commission.
Why the other options are incorrect
- Option A
The Planning Commission drafted the plan, but it did not give the final political approval.
- Option B
The Union Cabinet shaped overall policy, but formal approval of the plan framework came through the NDC.
- Option D
Parliament discussed plan-related allocations through budgets, but it was not the approving body for the Five Year Plan document.
Q11Indian Economy·Planning in IndiaPYQ 1997
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:
- A1987-92
- B1986-91
- C1985-90Correct
- D1988-94
Explanation
Correct. The Seventh Five Year Plan covered 1985-90.
Why the other options are incorrect
- Option A
1987-92 is incorrect; the Seventh Plan started in 1985.
- Option B
1986-91 is off by one year on both ends.
- Option D
1988-94 does not match any Five Year Plan period.
Q12Indian Economy·Planning in IndiaPYQ 1996
The Eighth Five Year Plan is different from the earlier ones. The critical difference lies in the fact that:
- AIt has a considerably larger outlay compared to the earlier plans
- BIt has a major thrust on agricultural and rural development
- CConsiderable emphasis is placed on infrastructure growthCorrect
- DIndustrial licensing has been abolished
Explanation
Correct. The Eighth Plan, operating in the post-1991 reform environment, placed considerable emphasis on infrastructure growth as a distinguishing feature.
Why the other options are incorrect
- Option A
While the outlay grew, that alone was not the critical distinguishing feature.
- Option B
Agricultural thrust existed in earlier plans as well, notably the First and Fourth Plans.
- Option D
Industrial licensing was substantially reduced in 1991 but not fully abolished, and this was a reform measure rather than a plan feature.