Economics ยท General Awareness

Indian Five-Year Plans

487 Questions

Indian Five Year Plans form a critical component of Indian economic history, detailing objectives like poverty alleviation and industrial growth. Questions target specific timelines, agricultural targets, and industrial policies established across various plan periods. This topic is a staple in civil services and state preliminary examinations.

Plan objectivesAgricultural targetsIndustrial growthPoverty alleviationEconomic timeline

Indian Five-Year Plans Questions

Multiple choice

The Steel Plants at Durgapur, Bhilai and Rourkela were established during the period of the

  1. First Five Year Plan

  2. Second Five Year Plan

  3. Third Five Year Plan

  4. Fourth Five Year Plan
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Second Five Year Plan (1956-1961) focused heavily on industrialization and the development of the public sector. During this period, the steel plants at Bhilai, Durgapur, and Rourkela were established with the help of the USSR, UK, and West Germany respectively.

Multiple choice

Which of the following bodies finalises the Five Year Plan proposals?

  1. Finance commission

  2. National Development Council

  3. Planning commission

  4. Ministry of Planning
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The National Development Council (NDC) was the apex body in India responsible for the final approval and review of the Five Year Plans. While the Planning Commission drafted the plans, the NDC provided the final endorsement.

Multiple choice

Five Year Plan is finally approved by the

  1. National Development Council

  2. Planning Commission

  3. Parliament

  4. President
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The National Development Council (NDC) was the apex body for decision-making and deliberations on development matters in India, including the final approval of Five Year Plans.

Multiple choice

Standing plans are used for

  1. a short period

  2. a long period

  3. a specific period

  4. none of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Standing plans are designed to be used repeatedly over a long period, such as policies, procedures, and rules.

Multiple choice

Budgets, targets etc. are

  1. multi use plan

  2. single use plan

  3. long term plan

  4. administrative plan
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Budgets and targets are single-use plans because they are created for a specific time period and purpose, after which they are replaced.