Indian Economy

Economic Planning, Planning Commission, NITI Aayog

mcq test

In which year was the first five-year plan launched in India?

A. 1950

B. 1951

C. 1952

D. 1953

MCQ -1

B. 1951

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In which year was the Planning Commission established in India?

A. 1950

B. 1951

C. 1952

D. 1955

MCQ -2

A. 1950

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How was the Planning Commission of India established?

A. Act of Parliament

B. Presidential Order

C. Presidential Ordinance

D. Cabinet Resolution

MCQ -3

D. Cabinet Resolution

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What was the period of India's First Five Year Plan?

A. 1951-56

B. 1961-66

C. 1969-1974

D. 1979-1984

MCQ -4

A. 1951-56

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Which among the following is the main feature of Democratic planning?

A. Inducement

B. Government

C. Direction

D. Flexibility

MCQ -5

D. Flexibility

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In which of the five-year plans in India, the concept of Financial Inclusion was included for the first time?

A. 8th Five Year Plan

B. 9th Five Year Plan

C. 10th Five Year Plan

D. 11th Five Year Plan

MCQ -6

D. 11th Five Year Plan

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Who among the following was the first Deputy Chairman of the Planning Commission?

A. V.T. Krishnamachari

B. C.M. Trivedi

C. Gulzari Lal Nanda

D. Ashok Mehta

MCQ -7

C. Gulzari Lal Nanda

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When was the Bombay Plan presented?

A. 1934

B. 1940

C. 1942

D. 1944

MCQ -8

D. 1944

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Which of the following Five Year Plans set the lowest growth target?

A. 1st

B. 2nd

C. 3rd

D. 4th

MCQ -9

A. 1st

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The targets from the fifth five-year plan were set with respect to which of the following parameters?

A. National Income

B. Net Domestic Product

C. Gross Domestic Product at Factor Cost

D. Gross Domestic Product at Market Cost

MCQ -10

C. Gross Domestic Product at Factor Cost

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