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History of Development & Planning - Indian Economy General Awareness MCQs | Page-5

Questions
41 For internal financing of Five Year Plans, the government depends on:
A Taxation only
B Public borrowing and deficit financing
C Taxation and public borrowing
D Taxation, public borrowing and deficit financing

Answer: Option [A]
42 The Five Year Plans of India intend to develop the country industrially through:
A The private sector
B The public sector
C Increasing collaboration with non-resident Indians
D The public, private, joint and Cooperative sectors

Answer: Option [D]
43 In which sector, the Public Sector is most dominant in India ?
A Transport
B Commercial banking
C Steel production
D Organized term-lending financial institutions

Answer: Option [B]
44 India had a plan holiday:
A After the China-India War of 1962
B After the India-Pakistan War in 1965
C After the drought of 1966
D After the liberation of Bangladesh in 1971

Answer: Option [C]
45 In India, the concepts of “minimum needs” and “direction anti-poverty programmes ” were the innovations of:
A Fourth Five-year Plan
B Fifth Five-Year Plan
C Sixth Five-Year Plan
D Eighth Five-Year Plan

Answer: Option [B]
46 The leading steel plants at Durgapur, Bhilai and Rourkela of India were established during the period of:
A First Five Year Plan
B Second Five Year Plan
C Third Five Year Plan
D Fourth Five Year Plan

Answer: Option [B]
47 Which one of the following is a driving force influencing the industrial growth of an economy ?
A Economic Factors only
B Investment only
C Innovation/Market Base only
D All of the above

Answer: Option [D]
48 The Nehru-Mahalanobis strategy of development guided the planning practice in India from the
A First Five-Year Plan to the Sixth Five-Year Plan
B First Five-Year Plan to the Eighth Five-Year Plan
C Second Five-Year Plan to the Seventh Five-Year Plan
D Fourth Five-Year Plan to the Eighth Five-Year Plan

Answer: Option [C]
49 What is the correct sequence of the following strategies used for Five Year Plans in India ?
I. Balanced growth
II. Rehabilitation of the economy
III. Industrial development
A I, III, II
B II, I, III
C II, III, I
D III, II, I

Answer: Option [C]
50 Which one of the following is/ are a/ an indicator of the financial health of a country ?
I. GDP
II. PPP
III. FDI in a year
A Only I
B Only II
C Only III
D All I, II & III

Answer: Option [D]

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