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Indian Economy General Knowledge (Gk) Quiz Questions-3

Planning Commission of Indian is a-
a- A non statutory body
b- A Constitutional body
c- An autonomous body
d- A statutatory body
Answer- a- A non statutory body

In which year planning commission of India was constituted-
a- 1942
b- 1947
c- 1950
d- 1965
Answer- c- 1950

Mahalanobis Model is associated with which five year plan-
a- 2nd five year plan
b- 4th five year plan
c- 3rd five year plan
d- 5th five year plan
Answer- a- 2nd five year plan

Under which government, after the independence of India, economic reforms were first introduced-
a- Indira Gandhi government (1980)
b- Rajiv Gandhi government (1985)
c- Janata party government (1977)
d- Narashima Rao government (1990)
Answer- c- Janata Party Government (1977)

Rolling plan refers-
a- changes allocation every year
b- changes its target every year
c- changes its target and allocation every year
d- does not change its target every year
Answer- c- changes its target and allocation every year

In India, which is the highest body that approves the five year plan-
a- Planning Commission
b- Parliament
c- Union Cabinet
d- National Development Council
Answer- d- National Development Council

Under which five year plan NABARD was established-
a- Fourth five year plan
b- First five year plan
c- second five year plan
d- Sixth five year plan
Answer- d- Sixth five year plan

Who introduced the rolloing plan concept in national planning-
a- Indira Gandhi Government
b- Rajiv Gandhi Government
c- Janata Party Government
d- National Front Government
Answer- c- Janata Party Government

Eradication of Poverty was main goal in which five year plan-
a- First five year plan
b- Second five year plan
c- Sixth five year plan
d- Fifth five year plan
Answer- d- Fifth five year plan

Economic deveopment rate was maximum in which five year plan-
a- First five year plan
b- Sixth five year plan
c- Seventh five year plan
d- Tenth five year plan
Answer- d- Tenth five year plan

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