Question 1

Among the following who are eligible to benefit from the "Mahatma Gandhi National Rural Employment Guarantee Act" ?

Accepted Answer

A)  adult members of only the scheduled caste and scheduled tribe households
B)  adult members of below poverty line (bpl)  households
C)  adult members of households of all backward communities
D)  adult members of any household D

Question 2

The Food For Work programme was renamedas:

Accepted Answer

A)  rural landless employment guarantee programme (rlegp) 
B)  national rural employment programme (nrep) 
C)  jawahar rozgar yojana (jry) 
D)  integrated rural development programme (irdp)  B

Question 3

The Second Five Year Plan laid more stress upon:

Accepted Answer

A)  agriculture
B)  industrialisation
C)  removing poverty
D)  self-reliance B

Question 4

Economic Planning is a subject:

Accepted Answer

A)  in the unionlist
B)  in the state list
C)  in the concurrent list
D)  unspecified in any speciallist

Question 5

What is the minimumcalorie intake decided by the Planning Commission for rural and urban areas, respectively ?

Accepted Answer

A)  2400 and 2100
B)  2100and 2400
C)  2400 and 2200
D)  2100 and 2200

Question 6

For internal financing of Five Year Plans, the government depends on:

Accepted Answer

A)  taxation only
B)  taxation and public borrowing
C)  public borrowing and deficitfinancing
D)  taxation, public borrowing and deficit financing

Question 7

National Development Council was set up in:

Accepted Answer

A)  1948
B)  1950
C)  1951
D)  1952

Question 8

'Globalisation of Indian Economy' means:

Accepted Answer

A)  stepping up external borrowings
B)  establishing indian business units abroad
C)  having minimum possible restrictions on economic relations with othercountries
D)  giving up programmes of import substitution

Question 9

India has:

Accepted Answer

A)  socialistic economy
B)  gandhian economy
C)  mixed economy
D)  free economy

Question 10

Rolling plan was designed for the period:

Accepted Answer

A)  1978-83
B)  1980-85
C)  1985-90
D)  1974-97

Question 11

Absolute Povertymeans:

Accepted Answer

A)  poverty in terms of absolute number ofpeople
B)  poverty in terms of the basic minimum calorie requirements
C)  poverty in terms of the prevailing pricelevel
D)  poverty in terms of the absolute level of unemployment

Question 12

Take off stage' in an economy means:

Accepted Answer

A)  steady growthbegins
B)  economy is stagnant
C)  economy is about to collapse
D)  all controls are removed

Question 13

Who among the following was the first Chairman of the PlanningCommission? [CDS 2008]

Accepted Answer

A)  dr. rajendra prasad
B)  pt. jawahar lal nehru
C)  sardar vallabhbhai patel
D)  j.b. kripalani

Question 14

The Issue Department of the RBI maintains a against printing of notes:

Accepted Answer

A)  minimum reserve system
B)  proportional reserve system
C)  proportional gold reserve system
D)  proportional foreign securities reserve system

Question 15

Who wrote the book 'Planned Economy for India'?

Accepted Answer

A)  m. visvesvaraya
B)  sardar vallabhbhai patel
C)  jawaharlal nehru
D)  mahatma gandhi

Question 16

Above 50% of working population of India is engaged in:

Accepted Answer

A)  public sector
B)  primary sector
C)  secondary sector
D)  tertiary sector

Question 17

The decentralisation system was recommended by:

Accepted Answer

A)  c.rajagopalachari b. j.
B)  kripalan
C)  balwant rai mehta
D)  ashok mehta

Question 18

The first attempt to initiate economic planning in India was madeby:

Accepted Answer

A)  balwantrai mehta
B)  vallabhbhai patel
C)  m. visvesvaraya
D)  jawaharlal nehru

Question 19

The contribution of agriculture to India's' economy is:

Accepted Answer

A)  increasing
B)  decreasing
C)  onstant
D)  none of these

Question 20

Dadabhai Naoroji theorised on the drain of wealth from India inhis book:

Accepted Answer

A)  poverty under british rule in india
B)  poverty in british rule in india
C)  poverty and un-british rule inindia
D)  poverty of economic drain in british india

Exam 1: Economic Planning and Development in India