Economic Planning
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Question No. 1
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When was the Planning Commission of India established?
A.
August 15, 1947
B.
January 1, 1951
C.
March 15, 1950
D.
April 1, 1949
Question No. 2
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Who was the first Chairman of the Planning Commission?
A.
Sardar Vallabhbhai Patel
B.
Pandit Jawaharlal Nehru
C.
Dr. Rajendra Prasad
D.
Maulana Abul Kalam Azad
Question No. 3
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What replaced the Planning Commission in 2015?
A.
Finance Ministry
B.
NITI Aayog
C.
National Development Council
D.
Economic Advisory Council
Question No. 4
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The First Five-Year Plan of India was based on which economic model?
A.
Harrod-Domar Model
B.
Mahalanobis Model
C.
Solow Model
D.
Feldman Model
Question No. 5
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Which Five-Year Plan was based on the Mahalanobis Model?
A.
Fourth Five-Year Plan
B.
Second Five-Year Plan
C.
Third Five-Year Plan
D.
First Five-Year Plan
Question No. 6
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When did the Rolling Plan concept operate in India?
A.
1985-90
B.
1980-85
C.
1974-78
D.
1978-80
Question No. 7
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Who heads the Governing Council of NITI Aayog?
A.
President of India
B.
Finance Minister
C.
Vice Chairman of NITI Aayog
D.
Prime Minister
Question No. 8
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Which plan introduced the Minimum Needs Programme (MNP)?
A.
Sixth Five-Year Plan
B.
Fourth Five-Year Plan
C.
Fifth Five-Year Plan
D.
Seventh Five-Year Plan
Question No. 9
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The Twelfth Five-Year Plan aimed for what GDP growth rate?
A.
9.0%
B.
8.0%
C.
8.5%
D.
7.5%
Question No. 10
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Which type of planning gives more autonomy to states?
A.
Imperative Planning
B.
Centralized Planning
C.
Decentralized Planning
D.
Indicative Planning
Question No. 11
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What was the main focus of the First Five-Year Plan?
A.
Industrial development
B.
Service sector
C.
Agricultural development
D.
Infrastructure
Question No. 12
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NITI Aayog functions primarily as a:
A.
Regulatory authority
B.
Fund allocating body
C.
Policy think tank
D.
Implementation agency
Question No. 13
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Which plan was terminated prematurely by the Janata Government?
A.
Fifth Five-Year Plan
B.
Third Five-Year Plan
C.
Sixth Five-Year Plan
D.
Fourth Five-Year Plan
Question No. 14
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The concept of Rolling Plan was suggested by:
A.
D.T. Lakdawala
B.
Gunnar Myrdal
C.
Montek Singh Ahluwalia
D.
P.C. Mahalanobis
Question No. 15
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What does 'Planning by Direction' involve?
A.
Market-based allocation
B.
Central authority control
C.
Private sector leadership
D.
Regional autonomy
Question No. 16
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Which Five-Year Plan introduced the Industrial Policy Resolution of 1956?
A.
Fourth Five-Year Plan
B.
Second Five-Year Plan
C.
First Five-Year Plan
D.
Third Five-Year Plan
Question No. 17
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The Planning Commission had the power to:
A.
Allocate funds to states
B.
Only advise government
C.
Conduct elections
D.
Make laws
Question No. 18
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Which document replaced Five-Year Plans after 2017?
A.
Strategic Plans
B.
Vision 2020
C.
Annual Plans
D.
3-year Action Agenda
Question No. 19
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Financial Planning primarily involves:
A.
Human resources
B.
Monetary allocations
C.
Physical targets
D.
Technology transfer
Question No. 20
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The Deputy Chairman of Planning Commission held rank equivalent to:
A.
Joint Secretary
B.
Secretary to Government
C.
State Minister
D.
Cabinet Minister
Question No. 21
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Which plan period experienced wars with China and Pakistan?
A.
Second Five-Year Plan
B.
Fourth Five-Year Plan
C.
Third Five-Year Plan
D.
Fifth Five-Year Plan
Question No. 22
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Indicative Planning is characterized by:
A.
Mandatory targets
B.
State dominance
C.
Suggestive guidelines
D.
Central control
Question No. 23
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The Eleventh Five-Year Plan focused on:
A.
Export promotion
B.
Heavy industry
C.
Agricultural reforms
D.
Inclusive growth
Question No. 24
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Who was known as the 'Father of Indian Statistics'?
A.
Y.V. Reddy
B.
P.C. Mahalanobis
C.
J.R.D. Tata
D.
C. Rangarajan
Question No. 25
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The National Development Council (NDC) was the apex body of:
A.
NITI Aayog
B.
Cabinet Secretariat
C.
Planning Commission
D.
Finance Ministry
Question No. 26
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Democratic Planning in India involved:
A.
Foreign experts
B.
Military control
C.
Elected representatives
D.
Private companies
Question No. 27
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Physical Planning focuses on:
A.
Price control
B.
Employment generation
C.
Budget allocation
D.
Production targets
Question No. 28
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The Sixth Five-Year Plan (1980-85) emphasized:
A.
Heavy industry
B.
Export promotion
C.
Poverty alleviation
D.
Technology development
Question No. 29
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NITI Aayog's Governing Council meets:
A.
Annually
B.
Monthly
C.
As required
D.
Quarterly
Question No. 30
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The concept of 'Cooperative Federalism' is promoted by:
A.
Election Commission
B.
Finance Commission
C.
Planning Commission
D.
NITI Aayog
Question No. 31
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Imperative Planning is characterized by:
A.
Flexible targets
B.
Market freedom
C.
Mandatory compliance
D.
Regional autonomy
Question No. 32
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The Second Five-Year Plan established steel plants at:
A.
Delhi, Bangalore, Hyderabad
B.
Mumbai, Chennai, Kolkata
C.
Jamshedpur, Vizag, Salem
D.
Bhilai, Durgapur, Rourkela
Question No. 33
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Mixed Economy in Indian planning refers to:
A.
Foreign investment only
B.
Public and private sectors
C.
Only public sector
D.
Only private sector
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