Mcqs on Economic planning of India

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Mcqs on Economic planning of India. Economic planning in India is the process of deriving a strategy for the development of the economy. It is a key aspect of the government’s role in the country’s overall development. The planning process is guided by the National Development Council, which is responsible for formulating the Five-Year Plans. These plans are designed to address issues such as poverty, unemployment, and economic growth. The government also uses various tools such as fiscal and monetary policies to achieve the goals laid out in the Five-Year Plans.

Economic planning is a crucial aspect of a country’s development and growth. In India, the government plays a central role in guiding and implementing economic planning through the formulation of Five-Year Plans. These plans aim to address key economic issues such as poverty, unemployment and economic growth. The government also uses various tools such as fiscal and monetary policies to achieve the goals laid out in the Five-Year Plans. This set of multiple choice questions aims to test your understanding of India’s economic planning process and the policies and tools used to achieve its goals.

Mcqs on Economic planning of India

Q1. In which year the National Planning Committee was established? 

(A) 1935

(B) 1942

(C) 1948

(D) 1938

(D) 1938

Q2. The National Planning Committee was established under the chairmanship of ? 

(A) Lord Mountbatten

(B) J.L Nehru

(C) Narayan Agarwal

(D) M.N Roy

(B) J.L Nehru

Q3. In 1944 Gandhian Plan’ was given by

(A) Sardar patel

(B) J.L Nehru

(C) Narayan Agarwal

(D) J.P Narayan

(C) Narayan Agarwal

Q4. In 1945 ‘People’s Plan’ was given by

(A) M.N Roy

(B) J.L Nehru

(C) Narayan Agarwal

(D) J.P Narayan

(A) M.N Roy

Q5. 1950 Sarvodaya Plan’ was given by

(A) M.N Roy

(B) J.L Nehru

(C) Narayan Agarwal

(D) J.P Narayan

(D) J.P Narayan

Q6. Verghese Kurien is related to  

(A) Blue Revolution   

(B) White Revolution

(C) Yellow Revolution   

(D) Green Revolution

(B) White Revolution

Q7. Golden Revolution is related with  

(A) Rearing of lagoons   

(B) Agriculture of flowers

(C) Beekeeping   

(D) Grapes production

(B) Agriculture of flowers

Q8. The Economic planning is a part of  

(A) Socialist Economy

(B) Dual Economy  

(C)  Mixed Economy

(D) Capitalistic Economy

(A) Socialist Economy

Q9. The Slogan “Poverty Alleviation” was  added to which Five Year Plan.  

(A) First   

(B) Second  

(C) Fifth

(D) Fourth

(C) Fifth

Q10. Which Five Year Plan was based upon  Mahalanobis Model?  

(A) First   

(B) Second

(C) Third   

(D) Fourth

(B) Second

Q11. First five year plan was based on

(A) Mahalanobis Model  

(B) Vakil and Brahmanand Model  

(C) Herald-Domar Growth model

(D) Salo growth model

(C) Herald-Domar Growth model

Q12. Which of the following Five Year plan focused on Education + Health + Environment + Infrastructure 

(A) Seventh

(B) Eight

(C) Tenth

(D) Eleventh

(D) Eleventh

Q13. Which three years is said as a “Planning  Holiday” for our country?  

(A) 1965-68   

(B) 1966-69

(C) 1968-71   

(D) 1969-72

(B) 1966-69

Q14. In Indian Agriculture High Yielding  Variety Programme was started in–  

(A) 1968   

(B) 1967  

(C) 1966

(D) 1965

(C) 1966

Q15. The Census of 2011 was.  

(A) 13th Census   

(B) 14th Census  

(C) 15th Census

(D) 16th Census

(C) 15th Census

Q16. The Annapurna Scheme was  implemented in the year 

(A) 1998   

(B) 1996  

(C) 1999   

(C) 2000

(C) 2000

Q17. Poverty in less developed countries is  largely due to 

(A) Voluntary idleness  

(B) Income inequality

(C) Lack of cultural activities  

(D) Lack of intelligence of the people

(B) Income inequality

Q18. The famous slogan ‘Garibi Hatao’  (remove poverty) was launched  during the–  (a) First Five Year Plan

(b) Third Five Year Plan

(c) Fourth Five Year Plan

(d) Fifth Five Year Plan

(d) Fifth Five Year Plan

Q19. Kisan Credit Card Scheme was  introduced in

(A) 1991   

(B) 1996  

(C) 1998

(D) 2000

(C) 1998

Q20. Which one of the objectives of Industrial  Licensing Policy in India was to  ensure–  

(a) creation of adequate employment  opportunities  

(b) free flow of foreign capital in Indian  industries  

(c) use of modern technology  

(d) balanced industrial development  across regions

(d) balanced industrial development  across regions

Q21. Malthusian theory of population  explored the relationship between– 

(a) Food supply and technology  

(b) Food supply and population growth

(c) Population growth and development  

(d) Optimum growth and resources

(b) Food supply and population growth

Q22. ISI mark is not given to which of the  following products?  

(A) Electric Goods   

(B) Hosiery Goods  

(C) Biscuits

(D) Cloth

(C) Biscuits

Q23. The economic problem arises mainly  due to

(a) Overpopulation  

(b) Unemployment  

(c) Scarcity of resources

(d) Lack of industries

(c) Scarcity of resources

Q24. Which of the following is the largest  employer in India?  

(a) Indian Railways

(b) Posts and Telegraphs Department  

(c)  Food Corporation of India

(d) Steel Authority of India

(a) Indian Railways

Q25. The Planning commission of India is?  

(A) A non-statutory body

(B) An independent and autonomous  body   (C) A statutory body   

(D) A constitutional body

(A) A non-statutory body

Q26. When was the planning commission  established?  

(A) 10th March 1950   

(B)  16th March 1951

(C) 20th March 1950   

(D) 15th March 1950

(D) 15th March 1950

Q27. Economic planning is in-  

(A) Union list   

(B) Concurrent list

(C) State list

(D) Not any specified list

(B) Concurrent list

Q28. ‘Twenty Point Programme” was  launched in the year?  

(A)1969   

(B)1975   

(C)1966

(D)1980

(D)1980

Q29. The very first five year plan of India  was based on the model of:  

(a) Bombay Plan

(b) Harrod Domar Model

(c) Mahalanobis model

(d) None of these

(b) Harrod Domar Model

Q30. National Development Council is  consists of:  

(A) Members of planning commission  

(B) Governors of the states  

(C) Chief Ministers of the states  

(D) Both A and C

(D) Both A and C

Q31. When was NITI Aayog established?  

(A) 1 January 2015

(B) 25 January 2016  

(C) 14 May 2014  

(D) 1 July 2015

(A) 1 January 2015

Q32. Who is the current CEO of the NITI  Aayog?  

(A) Rajeev Kumar  

(B) Parameswaran Iyer

(C) Amitabh Kant  

(D) Narendra Modi

(B) Parameswaran Iyer

Q33. National Rural Employment  Programme started in-  

(A) 1979  

(B) 1980

(C) 1981  

(D) 1982

(B) 1980

Q34. The main aim of First Five Year Plan   is   

(A) Agriculture

(B) Industries   

(C) Growth with social justice and  Equality   

(D) Eradication of Poverty

(A) Agriculture

Q35. The main aim of Second Five Year  Plan is   

(A) Removal of Poverty and self reliance

(B) Eradication of Poverty   

(C) Basic and heavy industries

(D) Poverty alleviation

(C) Basic and heavy industries

Q36. The main aim of Third Five Year  Plan is  

(A) Removal of Poverty

(B) Eradication of Poverty   

(C) Basic and heavy industries

(D) Poverty alleviation

(A) Removal of Poverty

Q37. The main aim of Fourth Five Year  Plan is

(A) Food, Productivity and Work   

(B) Eradication of Poverty   

(C) growth with stability

(D) Poverty alleviation

(C) growth with stability

Q38. The main aim of the Fifth Five Year Plan  is  

(A) Poverty Eradication and self reliance

(B) Social Justice and Equality   

(C) Agriculture   

(D) Basic and Heavy industries

(A) Poverty Eradication and self reliance

Q39. What is the main aim of the Sixth Five  Year Plan?

(A) Social Justice and Equality   

(B) Agriculture   

(C) Basic and Heavy industries   

(D) Poverty alleviation

(D) Poverty alleviation

Q40. What is the main aim of the Seventh Five  year Plan?   

(A) Agriculture   

(B) Food, Work and Productivity. 

(C) Industries   

(D) Poverty Eradication

(B) Food, Work and Productivity

Q41. What is the main aim of the Eight Five  Year Plan?   

(A) Poverty alleviation and removing  unemployment

(B) Growth with social justice and  Equality   

(C) Agriculture   

(D) Basic industry

(A) Poverty alleviation and removing  unemployment

Q42. What is the main aim of the Ninth Five  Year Plan?   

(a) Eradication of regional imbalances   

(b) Faster and inclusive growth in all  sectors   (c) Growth with social justice and  equality

(d) Agriculture

(c) Growth with social justice and  equality

Q43. What is the main aim of the Tenth Five Year  Plan? 

(A) Basic Industry   

(B) Eradication of Regional imbalances

(C) Eradication of Poverty   

(D) Food, Work and Productivity

(B) Eradication of Regional imbalances

Q44. The main aim of Eleventh Five Year  Plan is   

(A) Inclusive Growth in all sectors

(B) Eradication of Poverty   

(C) Eradication of regional imbalances   

(D) Food, Work and Productivity

(A) Inclusive Growth in all sectors

Q45. The main aim of Twelfth Five Year  Plan is

(A) Inclusive Growth in all sectors

(B) Eradication of Poverty   

(C) Eradication of regional imbalances   

(D) reducing poverty, reducing inequality

(D) reducing poverty, reducing inequality

Q46. A “closed economy” is an economy in  which-  

(A) the money supply is fully controlled  

(B) deficit financing takes place  

(C) only exports take place  

(D) neither exports or imports take place

(D) neither exports or imports take place

Q47. In 1944 leading businessmen &  industrialist (JRD Tata, GD Birla  et(c)) put forward A plan of Economic Development for India in the name of  

(A) Bombay Plan

(B) Janshree Plan  

(C) Sarvodaya Plan  

(D) None of these

(A) Bombay Plan

Q48. NREGP is the abbreviated form of–  

(A) National Rural Employment  Guarantee Programme

(B) National Rural Educational  Guarantee Programme  

(C) National Rapid Educational ,  Guarantee Programme  

(D) National Rapid Employment  Guarantee Programme

(A) National Rural Employment  Guarantee Programme

Q49. Cattle rearing along with farming  is called.  

(A) Mixed Farming

(B) Mixed Agriculture  

(C) Dairy Farming   

(D) Truck Agriculture

(A) Mixed Farming

Q50. Sex-ratio means–  

(a) Number of females per thousand  males

(b) Number males per thousand  females 

(c) Number of children per thousand  males

(d) Number of males per thousand  children

(a) Number of females per thousand  males
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