1.

Under the Constitution of India, Economic Planning is a subject:

(a) In the State List

(b) In the Union List

(c) In the Concurrent List

(d) Not specified in any list

Ans. (c)

Economic and Social Planning is enlisted in the Concurrent List under the Seventh Schedule of
the Constitution of India, which is under the joint domain of both the States Governments and
the Union Government of India.
2. The Development, Monitoring and Evaluation Office, which monitors the progress of
longterm policies in an attached office under:

(a) Prime Minister Office

(b) Ministry of Home Affairs

(c) Cabinet Secretariat

(d) NITI Aayog

Ans. (d)

The Development, Monitoring and Evaluation Office (DMEO) was established by the
Government on 18th September, 2015 as an attached office of the NITI Aayog by merging the
erstwhile Programme Evaluation Organization (PEO) and the Independent Evaluation Office
(IEO). DMEO has been mandated to actively monitor and evaluate the implementation of the
programmes and initiatives of the Government of India, including the identification of the
needed resources so as to strengthen the probability of the success and scope of delivery.
3. Consider the following statements:

1. National Development Council is an organ of the Planning Commission.

2. The Economic and Social Planning is kept in the Concurrent List in the Constitution of India.

3. The Constitution of India prescribes that Panchayats should be assigned the task of
preparation of plans for economic development and social justice.

Which of the statements given above is/are correct?

(a) 1 only (b) 2 and 3 only (c) 1 and 3 only (d) 1, 2 and 3

Ans. (b)

The National Development Council was set up in 1952 as an organization parallel to the Planning
Commission. NDC (National Development Council) has been proposed to be abolished. But till
date no resolution has been passed to abolish it. Since the inception of NITI Aayog’s Governing
Council (which has almost the same composition and roles as NDC), the NDC has had no work
assigned to it nor did it have any meetings. Both the remaining statements (2 and 3) are correct.
4. National Development Council:

(a) Prepares the general draft of Five Year Plans

(b) Monitors the implementation of Five Year Plans

(c) Reviews the National Plans

(d) Sets the target for every sector of the Plan

Ans. (c)

NDC (National Development Council) was set up on 6 August, 1952 to strengthen and mobilize
the effort and resources of the nation in support of the Five Year Plans made by the Planning
Commission, to promote common economic policies in all vital spheres, and to ensure the
balanced and rapid development of all parts of the country. It was the apex body to take
decisions on matters related to approval of Five Year Plans prepared by the erstwhile Planning
Commission. To review the working of the Plan from time to time and to recommend such
measures as are necessary for achieving the aims and targets set out in the National Plan was
also a major function of NDC. Prime Minister is the ex-officio Chairman of the NDC. NDC has been
proposed to be abolished. But till date no resolution has been passed to abolish it. Since the
inception of NITI Aayog’s Governing Council (which has almost the same composition and roles
as NDC), the NDC has had no work assigned to it nor did it have any meetings.
5. Which one of the following is the Chairman of the National Development Council?

(a) Prime Minister of India

(b) Finance Minister of Govt. of India

(c) President of India

(d) Vice-President of India

Ans. (a)

To review the working of the Plan from time to time and to recommend such measures as are
necessary for achieving the aims and targets set out in the National Plan was also a major
function of NDC. Prime Minister is the ex-officio Chairman of the NDC.
6. National Development Council was constituted on :

(a) 16 August 1950 (b) 1 April 1951

(c) 6 August 1952 (d) 16 August 1952

Ans. (c)

NDC (National Development Council) was set up on 6 August, 1952 to strengthen and mobilize
the effort and resources of the nation in support of the Five Year Plans made by the Planning
Commission
7. In which year was the 'Planning Commission' set up in India?

(a) 1950

(b) 1947

(c) 1948

(d) 1951

Ans. (a)

The Planning Commission was set up by a Cabinet Resolution in March, 1950 as an advisory
body, in pursuance of declared objectives of the Government of India to promote a rapid rise in
the standard of living of the people by efficient exploitation of the resources of the country,
increasing production and offering opportunities to all for employment in the service of the
community. It was a non-constitutional (not created by the Constitution) and a non-statutory
body (not created by an Act of the Parliament). It may be described as a quasi-political body,
which is not quite independent of the Government
8. Planning commission is constituted in India :

(a) Under the Constitution

(b) Under an Act of the Parliament

(c) By a resolution of the Cabinet

(d) By a resolution of the Lok Sabha

Ans. (c)

The Planning Commission was set up by a Cabinet Resolution in March, 1950 as an advisory
body
9. Which one of the following is not correct about NITI Aayog?

(a) It was set up to replace the Planning Commission.

(b) It has a full-time Chairman.

(c) It was set up in January, 2015.

(d) It is based on the principle of Cooperative Federalism.

Ans. (b)

Planning Commission was set up on 15th March, 1950 through a Cabinet Resolution and it was
replaced by NITI Aayog through another such resolution on 1st January, 2015. NITI Aayog has
been constituted to actualize the important goal of Cooperative Federalism and to enable good
governance in India to build a strong Nation State. It has not a full-time Chairman. It has a full-
time Vice Chairman instead and the Prime Minister is the ex-officio Chairperson of NITI Aayog.
The Governing Council of NITI Aayog comprises the Chief Ministers of all the States, Chief
Ministers of Union Territories with Legislature and Lt. Governors of other Union Territories.
10. NITI Aayog came into existence on :

(a) 1st January, 2014 (b) 1st June, 2014

(c) 1st January, 2015 (d) 1st June, 2015

(e) None of the above/More than one of the above

Ans. (c)

NITI Aayog (NITI : National Institution for Transforming India) was established on 1st January, 2015
by a Cabinet Resolution to replace the Planning Commission. It is a public policy think tank of
the Government of India, established with the aim to achieve sustainable development goals
with cooperative federalism by fostering the involvements of State Governments of India in the
economic policy-making process using a bottom-up approach. Prime Minister is the ex-officio
Chairman of the NITI Aayog.
11. In Government of India's NITI Aayog, which is an economic policy-making think tank, what
is the full form of NITI?

(a) National Internal Trade Information

(b) National Institution for Transforming India

(c) National Integrated Treaty Institute

(d) National Intellectual Training Institute

(e) None of the above/More than one of the above

Ans. (b)

NITI Aayog (NITI : National Institution for Transforming India)

12. Which of the following is a Nodal Institution for implementation of Sustainable
Development Goals in India?

(a) Planning Commission

(b) Disinvestment Commission

(c) NITI Aayog

(d) Finance Commission

Ans. (c)

NITI Aayog is the Nodal Institution for implementation of Sustainable Development Goals (SDGs)
in India. It is established with the aim to achieve SDGs with cooperative federalism.
13. Who was the first Vice-Chairman of the NITI Aayog?

(a) Arvind Panagariya

(b) Raghuram Rajan

(c) Chandrashekhara Subramanyam

(d) Rajiv Kumar

Ans. (a)

Arvind Panagariya, an Indian-American economist and a professor of economics at Columbia

University, served as first Vice-Chairman of the NITI Aayog between January 2015 and August
2017. Indian economist Rajiv Kumar is currently (since 1 September, 2017) the Vice-Chairman of
the NITI Aayog, in the rank and status of a Cabinet Minister.
14. According to NITI Aayog which of the following States is at the top in the India Innovation
Index 2019?

(a) Tamil Nadu

(b) Maharashtra

(c) Haryana

(d) Karnataka

Ans. (d)

India Innovation Index 2019 was released by the NITI Aayog on October 17, 2019. The index
highlighted that Karnataka is the most innovative State (among major States) in India. In the
second edition of India Innovation Index, released in January 2021 by the NITI Aayog, Karnataka
again topped the index among major States.
15. In NITI Aayog's Health Index 2019, Bihar scored :

(a) 30.12

(b) 30.13

(c) 32.11

(d) 32.12

(e) None of the above/More than one of the above

Ans. (c)

The second edition of NITI Aayog's State Health Index was released in June, 2019. In this index the
score of Bihar was 32.11. NITI Aayog released the fourth edition of the State Health Index for 2019-
20, titled 'Health States, Progressive India' on 27 December, 2021. The Index ranked the States and
Union Territories based on 24 health-related indicators. Kerala (Score – 82.20) continued to top
the List of Overall Reference Year (2019-20) Index Score for the best performing State in the
health sector among the 19 larger States, while Uttar Pradesh continued to be at the bottom of
the list with its score falling to 30.57. Other States at the bottom of the list are Bihar (31.00),
Madhya Pradesh (36.72) and Rajasthan (41.33). Among the larger States, in terms of annual
incremental performance, Uttar Pradesh, Assam and Telangana are the top three ranking
States.
16. Which one of the following statements is correct regarding the Planning Commission of
India?

(a) There is no mention of Planning Commission in the Constitution

(b) There is no fix tenure for its Deputy-Chairman and members

(c) There is no fixed qualification prescribed for its member

(d) All of the above

Ans. (d)

All of the given statements are correct regarding the Planning Commission of India.
17. The ex-officio chairman of Planning Commission is :

(a) President of India

(b) Prime Minister of India

(c) Finance Minister of India

(d) Finance Secretary of India

Ans. (b)

With the Prime Minister as the ex-officio Chairman, the Commission had a nominated Deputy
Chairman, with the rank and status of a Cabinet Minister
18. Which of the following are associated with 'Planning' in India?

1. The Finance Commission

2. The National Development Council

3. The Union Ministry of Rural Development

4. The Union Ministry of Urban Development

5. Parliament

Select the correct answer using the code given below.

(a) 1, 2 and 5 only (b) 1, 3 and 4 only

(c) 2 and 5 only (d) 1, 2, 3, 4 and 5

Ans. (c)

Among the given institutions/bodies, National Development Council and the Parliament are
associated with 'Planning' in India. Plan prepared by the erstwhile Planning commission was to
be finally approved by the National Development Council and after its approval, the Plan was
presented in the Parliament.
19. ‘India Vision 2020’ is prepared by :

(a) S.P. Gupta Committee

(b) Panth Committee

(c) Malhotra Committee

(d) Narasimham Committee

Ans. (a)

The Planning Commission constituted a committee on Vision 2020 for India in June, 2000 under
the Chairmanship of Dr. S.P. Gupta, a Member of the Planning Commission. This initiative brought
together over 30 experts from different fields. The Report of the Committee examines many
important issues, but the ones that stand out most powerfully are employment and education.
20. 'National Planning Committee' was set up by :

(a) Jawaharlal Nehru

(b) A. Dalal

(c) Subhash Chandra Bose

(d) Lal Bahadur Shastri

Ans. (c)

National Planning Committee was constituted by the then President of the Congress (Subhash
Chandra Bose) in October, 1938. Bose requested Pandit Jawaharlal Nehru to become its
Chairman.
21. The Gandhian Plan was expounded in 1944 by :

(a) N.R. Sarkar

(b) Kasturi Bhai Lal Bhai

(c) Jayprakash Narayan

(d) Shriman Narayan Agarwal

Ans. (d)

In the light of the basic principles of Gandhian economics, Shriman Narayan Agarwal
propounded 'The Gandhian Plan' in 1944 in which he put emphasis on the expansion of small
unit production and agriculture. The fundamental feature of the Gandhian Plan was the
decentralization of economic structure with self-contained villages and cottage industries.
22. Who amongst the following drafted the 'Sarvodaya Plan'?

(a) M.N. Roy

(b) Jai Prakash Narayan

(c) Morarji Desai

(d) Shriman Narayan Agarwal

Ans. (b)

In 1950, Jai Prakash Narayan drafted the 'Sarvodaya Plan' inspired by Gandhian ideals to chart
a future map for India's development and 1954 onwards, he dedicated his life to the Sarvodaya
Movement to establish true socialism.

.
23. Consider the following about the 'Rolling Plan' :

I. A plan for the current year which includes the annual budget

II. A plan for a fixed number of years, say 3, 4 or 5

III. It is revised every year as per requirements of the economy

IV. A perspective plan for 10, 15 or 20 years

Which of the above are correct?

(a) I and II (b) I and III

(c) II and III (d) I, II, III and IV

Ans. (d)

The 'Rolling Plan' for backward countries was suggested by Gunnar Myrdal in his book 'Indian
Economic Planning in its Broader Setting'. The Rolling Plan consists of three different plans. First,
a plan for the current year which includes the annual budget and second, a plan fixed for a fixed
number of years, which may be 3, 4 or 5 years. As per the requirement of the economy, it is
revised every year. Third, a perspective plan for long terms i.e. 10, 15 or 20 years. The main
advantage of the Rolling Plans was that they were flexible and were able to overcome the rigidity
of fixed Five Year Plans by mending targets, the object of the exercise, projections and
allocations as per the changing conditions in the country's economy.
24. Consider the following statements about 'Rolling Plan'. It is :

1. a plan for a single year.

2. a plan that is determined for 3, 4 or 5 years.

3. renewed every year according to the necessities of the economy.

4. a prerequisite plan for 10, 15 or 20 years.

Of these,

(a) Only 1 and 2 are correct

(b) Only 1 and 3 are correct

(c) Only 2 and 3 are correct

(d) 1, 2, 3 and 4 are correct

Ans. (d)

The Rolling Plan consists of three different plans. First, a plan for the current year which includes
the annual budget and second, a plan fixed for a fixed number of years, which may be 3, 4 or 5
years. As per the requirement of the economy, it is revised every year. Third, a perspective plan
for long terms i.e. 10, 15 or 20 years.
25. In which one of the following years ‘Rolling Plan’ was in operation in India ?

(a) 1968-69

(b) 1978-79

(c) 1988-89

(d) 1990-91

Ans. (b)

The ‘Rolling Plan’ concept in National Planning of India was introduced by the Janta Party
Government in 1978-79.
26. The period of the 12th Five-Year Plan is :

(a) 2007-2012

(b) 2012-2017

(c) 2010-2015

(d) 2006-2011

Ans. (b)

The period of the 12th Five Year Plan was 2012-17. The theme of the 12th Five Year Plan was : Faster,
Sustainable and More Inclusive Growth. Targets of the 12th Five Year Plan were to attain : (a) Real
GDP Growth Rate of 8.0 percent (b) Agriculture Growth Rate of 4.0 percent (c) Manufacturing
Growth Rate of 10.0 percent. Financial year 2016-17 was the last year of the 12th Five Year Plan.
27. In India, which of the following Five Year Plans was launched with a focus on sustainable
growth?

(a) 9th

(b) 10th

(c) 11th

(d) 12th

Ans. (d)

12th Five Year Plan (2012-17) was launched with a focus on 'Faster, Sustainable and More
Inclusive Growth' while the theme of 11th Five Year Plan (2007-12) was ‘Towards Faster and More
Inclusive Growth’.
28. Eleventh Five Year Plan emphasized on :

(a) Economic Growth with Social Justice

(b) Economic Growth and Human Development

(c) Faster and more inclusive growth

(d) Faster, sustainable and more inclusive growth

Ans. (c)

Eleventh Five Year Plan was aimed ‘Towards Faster and More Inclusive Growth'. The duration of
11th Five Year Plan was 2007-12.
29. What is the theme of the Eleventh Five Year Plan for education sector ?

(a) Education for all

(b) Education with sports

(c) Compulsory elementary education

(d) Vocationalisation of education

Ans. (c)

The theme for education sector in the 11th Five Year Plan was ‘compulsory elementary
education’. The following five monitorable socio-economic targets in education had been
outlined in the Eleventh Five Year Plan :

Reduction in the drop out rates of children from elementary school from 52.2% in 2003-2004
to 20% by 2011-12, i.e. by the end of the Eleventh Five Year Plan period.

Developing minimum standards of educational attainment in elementary schools, to ensure

quality education.

Increasing the literacy rate for persons of age 7 years or more to 85% by 2011-12.

Reducing the gender gap in literacy to 10 percentage points by 2011-12.

Increasing the percentage of each cohort going to higher education from the present 10% to
15% by 2011-12.
30.How many IITs (Indian Institute of Technology) will be set up in the Eleventh Five Year Plan?

(a) 6

(b) 7

(c) 8

(d) 9

Ans. (c)

In order to make education in IITs accessible to more talented students aspiring to join the IIT
system and also to provide adequate manpower to sustain the growth of the economy, the 11th
Plan as endorsed by the National Development Council has provided for the setting up of eight
new IITs during 2007 to 2012.
31. The period of Tenth Five Year Plan is :

(a) 2002-2007

(b) 2001-2006

(c) 2000-2005

(d) 2003-2008

Ans. (a)

The 10th Five Year Plan period was from 1st April, 2002 to 31st March, 2007. Hence, the 10th plan
ended in the year 2007.
32. Which one of the following Five Years Plan of India focused on the Growth with Social
Justice and Equality?

(a) 9th

(b) 8th

(c) 7th

(d) 6th

Ans. (a)

The Ninth Plan (1997-2002) prepared under United Front Government focused on ‘Growth With
Social Justice and Equity’. It recognized the need to combine high growth policies with the
pursuit of our ultimate objective of improving policies which are pro-poor and are aimed at the
correction of historical inequalities.
33. In which of the following Five Year Plans the Women's Component Plan was introduced as a
major strategy?

(a) Tenth Five Year Plan

(b) Eleventh Five Year Plan

(c) Ninth Five Year Plan

(d) Twelfth Five Year Plan

Ans. (c)

The notion of Women's Component Plan (WCP) had entered the planning process in the Seventh
Plan with the initiation of a special mechanism to monitor 27 beneficiary oriented schemes for
women. However, the Ninth Five Year Plan (1997-2002) marked a significant progress in this
regard. The notion of WCP, as it was adopted in the Ninth Plan, earmarked a clear, unconditional
minimum quantum of funds/benefits for women in the schemes run by all Ministries/
Departments that were perceived to be ‘women-related’ and thereby recognized
empowerment. Under WCP, both Central as well as State Governments were required to ensure
that ‘‘not less than 30 percent of the funds/benefits are ear-marked for women under the
various schemes of the ‘women-related’ Ministries/Departments’’.
34. Which Five Year Plan operated in India during April 1992-March 1997?

(a) Sixth Plan

(b) Seventh Plan

(c) Eighth Plan

(d) Rolling Plan

Ans. (c)

The Eighth Plan was finally launched in April, 1992

35. Which of the following Five Year Plans of India recognized human development as the core
of developmental efforts?

(a) Seventh Five Year Plan

(b) Eighth Five Year Plan

(c) Sixth Five Year Plan

(d) Fifth Five Year Plan

Ans. (b)

The 8th Five Year Plan recognized ‘human development’ as the core of all developmental efforts.
Human development, in all its many facets, was the ultimate goal of the Eighth Plan. It was
towards fulfilling this goal that the Eighth Plan accorded priority to the generation of adequate
employment opportunities to achieve near-full employment by the turn of the century, building
up of people's institutions, control of population growth, universalization of elementary
education, eradication of illiteracy, provision of safe drinking water and primary health facilities
to all, growth and diversification of agriculture to achieve self-sufficiency in foodgrains and
generate surpluses for exports.
36. The main slogan of the Seventh Five Year Plan was:

(a) Food, Work and Productivity

(b) Free education for all children

(c) 5 percent growth rate of National percent Income

(d) Community Development Programme

Ans. (a)

The Seventh Five Year Plan (1985-90) aimed at accelerating foodgrains production, increasing
employment opportunities and raising productivity with focus on ‘Food, Work and Productivity’.
The plan was very successful as the economy recorded 6% growth rate against the targeted 5%
with the decade of 80’s struggling out of the ‘Hindu Rate of Growth.’
37. Which one of the following programmes was initiated during the Sixth Five Year Plan?

(a) Integrated Rural Development

(b) Rural Literacy Development

(c) Rural Railways

(d) Advanced Communication Links for Rural People

(e) None of the above/More than one of the above

Ans. (a)

The Sixth Five Year Plan was undertaken for the period between 1980 to 1985. Integrated Rural
Development Plan (IRDP) was launched on 2 October, 1980 across the country. It was aimed at
providing assistance to the rural poor families in the form of subsidy and bank credit for
productive self-employment opportunities. From April, 1999 it was merged with Swarna Jayanti
Gram Swarozgar Yojna.
38. Which Plan among the following declared its objective of self-reliance and zero net
foreign aid?

(a) Second Five Year Plan

(b) Third Five year Plan

(c) Fourth Five Year Plan

(d) Fifth five Year Plan

Ans. (d)

Fifth Plan proposed to achieve two main objectives: ‘removal of poverty’ (Garibi Hatao) and
‘attainment of self reliance’. Self-reliance or, for that matter, self-sufficiency, refers to the
elimination of external assistance (zero foreign aid).
39.The basic objective of Fifth Five Year Plan was :

(a) Poverty removal

(b) Reforms in public distribution system

(c) Inclusive growth

(d) Exclusive growth

Ans. (a)

Fifth Plan proposed to achieve two main objectives: ‘removal of poverty’ (Garibi Hatao) and
‘attainment of self reliance’.
40. In which of the following Five Year Plans anti-poverty programmes based on the theme
‘Garibi Hatao’ was first introduced?

(a) Third Five Year Plan

(b) Fourth Five Year Plan

(c) Fifth Five Year Plan

(d) Sixth Five Year Plan

Ans. (c)

The main objective of 5th Five Year Plan was removal of poverty (Garibi Hatao).
41.Consider the following events and arrange these in chronological order :

I. Garibi Hatao

II. Bank Nationalization

III. Beginning of Green Revolution

Select the correct answer from the codes given below :

(a) I, II and III

(b) III, II and I
(c) II, I and III
(d) III, I and II

Ans. (b)

Fifth Plan (1974-79) proposed to achieve two main objectives : ‘removal of poverty’ (Garibi
Hatao) and ‘attainment of self reliance’.

In 1969, the Indian government nationalized 14 major private banks.

The Green Revolution started in 1966-67 with the first introduction of High Yielding Variety (HYV)
seeds in Indian agriculture. Hence the correct answer is option (b).
42. The objective of self-sustaining development in India was first adopted in :

(a) Third Five Year Plan

(b) Fourth Five Year Plan

(c) Fifth Five Year Plan

(d) Sixth Five Year Plan

Ans. (b)

The objective of self-sustaining development in India was first adopted in Fourth Five Year Plan.
Refusal of supply of essential equipments and raw materials from the allies during the Indo-Pak
war was resulted in twin objectives of 'growth with stability' and 'progressive achievement of self
reliance' for the Fourth Plan.
43. Second Five Year Plan of India was based on an economic model developed by :

(a) P.C. Mahalanobis

(b) Amartya Sen

(c) C.H. Hanumantha Rao

(d) Dadabhai Naoroji

Ans. (a)

The Second Five Year Plan (1956-61) was prepared by Prof. P.C. Mahalanobis (Plan

is also called Mahalanobis Plan).

44. First Five Year Plan was started in :

(a) 1951-52

(b) 1956-57

(c) 1961-62

(d) 1966-67

Ans. (a)

Though the planned economic development in India began in 1951 (1st April, 1951) with the
inception of First Five Year Plan, theoretical efforts had begun much earlier, even prior to the
independence. Setting up of National Planning Committee by Indian National Congress in 1938,
The Bombay Plan and Gandhian Plan in 1944, People’s Plan in 1945 (by post war reconstruction
committee of Indian Trade Union), Sarvodaya Plan in 1950 by Jaiprakash Narayan were steps in
this direction.
45. First Five Year Plan of India was based on the :

(a) Harrod-Domar Model

(b) Mahalanobis Model

(c) Dadabhai Naoroji Model

(d) J.L. Nehru Model

(e) None of the above/More than one of the above

Ans. (a)

The First Five Year Plan was launched in 1951 which mainly focussed on development of the
primary sector. This plan was based on the Harrod-Domar model with few modifications. Influx
of refugees, severe food shortage and mounting inflation confronted the country at the onset
of the First Five Year Plan.
46. Consider the following statements regarding Indian Planning :

1. The Second Five Year Plan emphasized on the establishment of heavy industries.

2. The Third Five Year Plan introduced the concept of import substitution as a strategy for
industrialization.

Which of the statement(s) given above is/are correct?

(a) 1 only (b) 2 only

(c) Both 1 and 2 (d) Neither 1 nor 2

Ans. (a)

The Second five year plan focussed on rapid industrialization and setting up capital intensive
heavy and basic industries. Import substitution is the idea that blocking imports of
manufactured goods can help an economy by increasing the demand for domestically
produced goods. This policy is used to industrialize the nation. Postindependence India adopted
the import substitution as a strategy to achieve rapid industrialization in 1950s (from the Second
Five Year Plan) by imposing heavy tariffs on import of manufactured goods.
47.Match List-I with List-II and select the correct answer using the code given below :

List – I List - II

Five Year Plan Applied Growth Model

A. First 1. S. Chakravarty Model

B. Second 2. Harrod-Domar Model

C. Third 3. Ashok Rudra Model

D. Fourth 4. Mahalanobis Model

Code :

ABCD

(a) 1 3 2 4

(b) 2 4 1 3

(c) 3 1 2 4

(d) 2 1 4 3
Ans. (b)

The correctly matched lists are as follows :

Five Year Plan Applied Growth Model

First – Harrod-Domar Model

Second – Mahalanobis Model

Third – S. Chakravarty Model

Fourth – Ashok Rudra Model

48. Match the following plans and programmes : Plans Programmes

A. 1st Plan 1. Rapid Industrialization

B. 2nd Plan 2. Community Development

C. 3rd Plan 3. Expansion of basic industries

D. 4th Plan 4. Minimum Needs programme

E. 5th Plan 5. Achievement of self-reliance and growth with stability

Select the correct answer from the code below :

ABCDE

(a) 1 2 3 4 5

(b) 2 1 4 5 3

(c) 2 1 3 4 5

(d) 2 1 3 5 4
Ans. (d)

The correct match of List-1 and List-2 is as follows :

1st Plan (1951-56) – Community Development (1952)

2nd Plan (1956-61) – Rapid Industrialization

3rd Plan (1961-66) – Expansion of basic industries

4th Plan (1969-74) – Achievement of self-reliance and growth with stability

5th Plan (1974-79) – Minimum needs programme

49. 131. Match List - I with List - II and select the correct answer using the codes given below :

List-I List -II

A. First Five Year Plan 1. 1980-85

B. Third Five Year Plan 2. 1951-56

C. Fourth Five Year Plan 3. 1961-66

D. Sixth Five Year Plan 4. 1969-74

Code :

ABCD

(a) 1 2 3 4

(b) 2 3 4 1

(c) 2 3 1 4

(d) 1 4 2 3
Ans. (b)

The correct match of List-1 and List-2 is as follows–

First Five Year Plan – 1951-56

Third Five Year Plan – 1961-66

Fourth Five Year Plan – 1969-74

Sixth Five Year Plan – 1980-85

50. During the planning periods, the highest growth rate was achieved during the :

(a) Eighth plan

(b) Tenth plan

(c) Ninth plan

(d) Seventh plan

Ans. (b)

Tenth Plan (2002-07) 8.0% 7.6%

51. The Plan Holiday refers to the period :

(a) 1965-68

(b) 1966-69

(c) 1967-70

(d) 1978-80

Ans. (b)

Third Five Year Plan ended on 31st March, 1966 and Fourth Five Year Plan was started from 1st
April, 1969. During this period i.e. from 1st April, 1966 to 31st March, 1969 (3 years), there was no
Five Year Plan. During this period three Annual Plans were introduced instead. Therefore, the
period1966-69 euphemistically described as 'Plan Holiday' in the history of Indian planning.
52. 'Twenty Point Economic Programme' was first launched in the year :

(a) 1969

(b) 1975

(c) 1977

(d) 1980

Ans. (b)

The Twenty Point Programme (TPP) was launched by the Government of India in 1975. Its main
objective was to promote agricultural and industrial production with eradication of poverty and
improvement in the quality of life of the common man. The programme was first revised in 1982
and again in 1986. It was again restructured in 2006, keeping in view the challenges of the 21st
Century with particular reference to the process of economic reforms.
53. Arrange the following in their chronological order :

1. First Five Year Plan was submitted to Parliament.

2. National Development Council was set-up.

3. First devaluation of Indian currency after independence took place.

4. India became member of International Monetary Fund (IMF).

Select the correct answer with the codes given below :

(a) 2, 4, 1, 3

(b) 4, 3, 1, 2

(c) 1, 2, 3, 4

(d) 2, 4, 3, 1
Ans. (b)

Chronological order of the given statements is as follows :

1. India became member of IMF. (1945)

2. First devaluation of Indian currency after independence took place. (1949)

3. First Five Year Plan was submitted to Parliament. (8 Dec. 1951)

4. National Development Council was set-up. (6 Aug. 1952)

54. Who authored the book, 'Planned Economy for India'?

(a) M. Visvesvaraya

(b) J.R.D. Tata

(c) G.B. Birla

(d) Pattabhi Sitaramayya

Ans. (a)

M. Visvesvaraya authored the book ‘Planned Economy for India’. He was the first to advocate the
idea of planning for India. In this book, he proposed a ten-year plan with the aim of doubling the
income of the country. His main emphasis was on industrialization so as to reduce the
population's dependent on agriculture.