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This set of Indian Economy Multiple Choice Questions & Answers (MCQs) focuses on Fundamentals of Indian Economy and Planning Set 2

Q1 | The basic difference between imperative and indicative planning is that: [IAS 1993]
Q2 | Among the achievements of Indian planning, we may include: 1. development of strong infrastructure 2. diversification of industry and exports 3. high growth of national income 4. strong control over prices
Q3 | Which of the following features indicate that Indian economy is of the developingcategory? I. Occupation mainly agricultural II. Chronic unemployment III. Poor quality of human capital IV. Low per capita intake of proteins
Q4 | Dadabhai Naoroji theorised on the drain of wealth from India in his book:
Q5 | Which of the following may be termed as long-term objectives of Indian planning? 1. Self-reliance 2. Productive employment generation 3. Growth of 7 per cent per annum 4. Growth in infrastructure
Q6 | Which one of the following Five-Year Plans recognised human development as the coreof all developmental efforts? [IAS 1995]
Q7 | In which of the Five Year Plans, preference was given to the weaker sections of the society ?
Q8 | The Second Five Year Plan laid more stress upon:
Q9 | The steel plants at Durgapur, Bhilai and Rourkela were established during the period of: [NDA 1990]
Q10 | What is the correct sequence of the following strategies used for Five Year Plans inIndia? 1. Balanced growth 2. Rehabilitation of the economy 3. Industrial development
Q11 | During which Five Year Plan was the total expenditure on agriculture the highest?
Q12 | The objective of self-reliance and zero net foreign aid was declared in :
Q13 | Who of the following was the author of the chapter on "Objectives of Planned Development" for the Third Five Year Plan? [IAS 2008]
Q14 | In which one of the following five year plans the actual growth performance in India in respect of GDP (at factor cost) was less than the target set? [NDA 2008]
Q15 | The 11th Five Year Plan strategy to raise agricultural output envisages which of the following? 1. Greater attention to land reforms. 2. Double the rate of growth of irrigated area. 3. Promote animal husbandry and fishery. 4. Interest free credit to the farmers. Select the correct answer [CDS 2008]
Q16 | Which of the statements given below is/are correct? [CDS 2008] 1. Food for Work Programme was launched in India during the 10th Five Year Plan. 2. The Planning Commission in India is a constitutional body.
Q17 | Who among the following was the first Chairman of the Planning Commission? [CDS 2008]
Q18 | Which of the following statements about the Indian Economy is correct? [RBI Grade B Officer 2011]
Q19 | Which of the following is NOT a function of the Planning Commission of India? [RBI Grade B Officer 2011]
Q20 | Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India ? [IAS 2007]
Q21 | ____ is the ex-officio chairman of Planning Commission and National Development Council.
Q22 | Which statement is correct for Indian Planning Commission?
Q23 | Which one of the following is a driving force influencing the industrial growth of an economy? [Corporation' Bank PO 2011]
Q24 | In the context of India's Five Year Plans, a shift in the pattern of industrialization, with lower emphasis on heavy industries and more on infrastructure begins in [IAS 2010]
Q25 | In the context of Indian economy, consider the following pairs: Term Most appropriate description 1. Melt down Fall in stock prices 2. Recession Fall in growth rate 3. Slow down Fall in GDP Which of the pairs given above is/are correctly matched? [IAS 2010]