Quiz-summary
0 of 5 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 5 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- Answered
- Review
-
Question 1 of 5
1. Question
Consider the following statements regarding five-year planning in India.
- The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector.
- There were annual plans for three consecutive years between the second and third five-year plans.
- Indicative planning in India started from Twelfth five-year plan, which was India’s last Five-Year Plan.
Which of the above statements is/are correct?
Correct
Solution: a)
The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector.
The period of the three consecutive Annual Plans was 1966–69. It was the period between the third and fourth five year plans.
In indicative Planning, the planning authority sets the broad goals for the economy. The implementation of the plan requires the co-ordination of the various units in the economy. This type of planning in India started since the 8th Five-Year Plan.
Incorrect
Solution: a)
The First Five-year Plan was launched in 1951 which mainly focused in development of the primary sector.
The period of the three consecutive Annual Plans was 1966–69. It was the period between the third and fourth five year plans.
In indicative Planning, the planning authority sets the broad goals for the economy. The implementation of the plan requires the co-ordination of the various units in the economy. This type of planning in India started since the 8th Five-Year Plan.
-
Question 2 of 5
2. Question
In some of the five-year plans, the Gadgil – Mukharjee Formula was used to
Correct
Solution: b)
The Gadgil formula was evolved in 1969 for determining the allocation of central assistance for state plans in India. It was adopted for distribution of plan assistance during Fourth and Fifth Five Year Plans.
Incorrect
Solution: b)
The Gadgil formula was evolved in 1969 for determining the allocation of central assistance for state plans in India. It was adopted for distribution of plan assistance during Fourth and Fifth Five Year Plans.
-
Question 3 of 5
3. Question
India’s growth’s story from the eve of Independence to the liberalization phase is largely termed as ‘Hindu rate of growth’. What it refers to?
Correct
Solution: d)
‘Hindu’ rate of growth was coined to refer to the phenomenon of sluggishness in growth rate of Indian economy (3.5 per cent observed persistently during 1950s through 1980s).
Incorrect
Solution: d)
‘Hindu’ rate of growth was coined to refer to the phenomenon of sluggishness in growth rate of Indian economy (3.5 per cent observed persistently during 1950s through 1980s).
-
Question 4 of 5
4. Question
Consider the following statements regarding Five Year Plans in India.
- The Second Five Year plan followed the Mahalanobis model.
- Third Five Year Plan was based on Gadgil Yojana.
- “Garibi Hatao” slogan was given during Fourth Five Year Plan.
Which of the above statements is/are correct?
Correct
Solution: a)
The Fifth Five-Year Plan laid stress on employment, poverty alleviation (Garibi Hatao), and justice. The plan also focused on self-reliance in agricultural production and defence.
Incorrect
Solution: a)
The Fifth Five-Year Plan laid stress on employment, poverty alleviation (Garibi Hatao), and justice. The plan also focused on self-reliance in agricultural production and defence.
-
Question 5 of 5
5. Question
In the History of Planning in India, Consider the following statements regarding the People’s Plan.
- The plan was formulated by Jayaprakash Narayan.
- Agricultural and industrial sectors were equally highlighted by the plan.
- The plan advocated the need of providing the people with the ‘basic necessities of life’.
Which of the above statements is/are correct?
Correct
Solution: c)
The people’s Plan:
In 1945, yet another plan was formulated by the radical humanist leader M.N. Roy, Chairman of the Post-War Reconstruction Committee of Indian Trade Union.
The plan was based on Marxist socialism and advocated the need of providing the people with the ‘basic necessities of life’. Agricultural and industrial sectors, both were equally highlighted by the plan.
Incorrect
Solution: c)
The people’s Plan:
In 1945, yet another plan was formulated by the radical humanist leader M.N. Roy, Chairman of the Post-War Reconstruction Committee of Indian Trade Union.
The plan was based on Marxist socialism and advocated the need of providing the people with the ‘basic necessities of life’. Agricultural and industrial sectors, both were equally highlighted by the plan.
