Economic Planning in India

Economics ⇒ Indian Economy

Economic Planning in India starts at 10 and continues till grade 12. QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Economic Planning in India. How you perform is determined by your score and the time you take. When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.

See sample questions for grade 12

Describe the main reason for the failure of the Third Five Year Plan.

Describe the process of formulating a Five Year Plan in India.

Describe the role of public sector in Indian economic planning.

Explain the concept of 'target growth rate' in Five Year Plans.

Explain the difference between 'indicative planning' and 'imperative planning'.

Explain the importance of decentralized planning in India.

Explain the significance of the Mahalanobis model in Indian planning.

Explain the term 'mixed economy' as adopted in Indian economic planning.

Which Five Year Plan gave priority to 'growth with social justice and equity'? (1) Sixth (2) Seventh (3) Eighth (4) Ninth

Which Five Year Plan is also known as the 'Gadgil Yojana'? (1) Third (2) Fourth (3) Fifth (4) Sixth

Which of the following is a criticism of economic planning in India? (1) Over-centralization (2) Lack of targets (3) Excessive privatization (4) No focus on agriculture

Which of the following is NOT a feature of economic planning in India? (1) Centralized planning (2) Decentralized planning (3) Market-determined allocation (4) Time-bound targets

Fill in the blank: The ________ Five Year Plan aimed at 'removal of poverty' and 'attainment of self-reliance'.

Fill in the blank: The ________ Five Year Plan was based on the 'growth with stability' approach.

Fill in the blank: The ________ Five Year Plan was terminated one year before its completion due to the Indo-Pak war and drought.

Fill in the blank: The ________ model was adopted in the Second Five Year Plan to promote industrialization.

True or False: The concept of 'inclusive growth' became prominent in the Eleventh Five Year Plan.

True or False: The Eighth Five Year Plan was launched after a gap due to political instability and economic crisis.

True or False: The main objective of the First Five Year Plan was industrialization.

True or False: The Planning Commission was a constitutional body.