Economics · 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 civics agriculture in india - i : introduction agricultural reforms indian agriculture problem and policies plantation of crops

Under which plan did the Government introduce an agricultural strategy which gave rise to Green Revolution?

  1. Sixth Five Year Plan (FYP)

  2. Second FYP

  3. Fourth FYP

  4. Third FYP
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Green Revolution in India was initiated during the mid-1960s, which falls within the period of the Fourth Five Year Plan (1969-1974) when high-yielding variety seeds were widely introduced.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

Which of the following plan was put off by three years due to severe drought and aggression from China and Pakistan?

  1. Third five year plan

  2. Fourth five year plan

  3. Fifth five year plan

  4. Sixth five year plan
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In 1965, when fourth plan was to be launched, Indo-Pakistan conflict led to war. The Pakistan favouring countries like US and others withdrew foreign aid to India. Again in 1966, due to drought, there was food shortage. The Indian government had to take help from USA and they were helped leading to financial crisis more severe. Amidst of these conditions, fourth five year plan was launched in 1969.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

The period of the fifth five year plan was reduced by __________.

  1. 1 year

  2. 2 years

  3. 3 years

  4. 1.5 years
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Janata Party government rejected the fifth five-year plan and introduced a new Sixth five-year plan(1978-1983). This plan was again rejected by the Indian National Congress government when it came to power in 1980 and a new sixth plan was made. The earlier one was subsequently referred to as a rolling plan. Rolling plan concept was coined by Gunnar Myrdal.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

In the first five year plan (1951-56) the national income rose to ________.

  1. 20%

  2. 18%

  3. 24%

  4. 16%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
Although the target for national income growth was only an 11% increase, the actual increase was 18% from Rs. 8850 crore the national income increased to Rs. 10,480 crore by the end of the first plan. Per capita income went up by 11%.
The target growth rate was 2.1% annual gross domestic product (GDP) growth; the achieved growth rate was 3.6% the net domestic product went up by 15%. The monsoon was good and there were relatively high crop yields, boosting exchange reserves and the per capita income, which increased by 8%. 
Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

Which of the following was the focus for the second five year plan?

  1. Agriculture

  2. Industrialization

  3. Removing poverty

  4. Self reliant
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It was particularly for the development of the public sector and rapid industrialization. The plan was followed by Mahalanobis model, a economic development model developed by the Indian statistician Prasanta Chandra Mahalanobis in 1953. The plan attempted the allocation of investment between productive sectors in order to maximize long-run economic growth. Its objective was Rapid industrialization, particularly basic and heavy industries such as iron and steel, heavy chemicals, fertilizers, heavy engineering and machine building industry.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

The central focus of 8th five year plan was ___________.

  1. To generate more employment oppurtunities

  2. To increase more communication facilities

  3. To increase the value of foreign trade

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

After the worsening situation of balance of payment and inflation during 1990-91, the eighth five year plan was launched in 1992. The main focus was generation of adequate employment to achieve full employment level as it was realised that the problem of poverty could not be tackled through growth alone.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

The 10th five year plan period was __________.

  1. 2002-2007

  2. 2001-2006

  3. 2000-2005

  4. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The tenth five year plan period was from 2002-2007. The main objectives of the Tenth Five-Year Plan were:

  • Attain 8% GDP growth per year
  • Reduction of poverty rate by 5% by 2007
  • Providing gainful and high-quality employment at least to the addition to the labor force
  • Reduction in gender gaps in literacy and wage rates by at least 50% by 2007
  • 20-point program was introduced
  • Target growth: 8.1% – growth achieved: 7.7
  • The tenth plan was expected to follow a regional approach rather than sectoral approach to bring down regional inequalities.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

The main objective of the First Five-Year Plan was to ______________.

  1. Remove poverty

  2. Increase India's GDP

  3. Provide better health and educational facilities

  4. Correct the damage done to the economy by partition
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The first year plan (1951–56) was a plan, essentially a ‘repair plan’, made to take care of the severe damage to the country economy caused by war, famine (1943) and the partition of the sub-continent in 1947. The first year plan was Harrod – Domar model of development economics. FYP had a target of 2.1% PA growth in national income. Top priority was given to the development of agricultural sector. The idea was agricultural development would lead to higher rate of economic growth. The performance of the plan was good due to a good harvest and the National income increased at the rate of 3.6% PA.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

The Integrated Rural Development Programme was launched during which Five Year Plan?

  1. Fifth

  2. Fourth

  3. Third

  4. Sixth
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Integrated Rural Development Programme (IRDP) was started by Government of India during 1978 and it was put into effect in 1980. The objective of this program is to provide employment opportunity to the poor people as well as a chance for employment to improve their living habitation. IRDP is generally accomplished where the basic physical and organizational structures and facilities are available.

Multiple choice business economics and quantitative methods introduction to managerial economics theories of employment and income concept of international trade macro economic analysis

Which Five Year Plan gave importance to cooperative sector?

  1. The Eleventh Five Year Plan

  2. The Second Five Year Plan

  3. The First Five Year Plan

  4. The Fourth Five Year Plan
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
Cooperative sector comprises of cooperatives ,and cooperative as defined by the International  Cooperative Alliance  is an “autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically.
During 1956-61, cooperative sector was given much significance.
Multiple choice social science poverty : challenge facing india programmes for poverty eradication poverty as a challenge poverty: an economic challenge for india public health and the government constraints in economic development of rajasthan

In the first phase of poverty alleviation emphasis was on _______.

  1. growth

  2. poverty alleviation

  3. infrastructure

  4. all of above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Early development strategies often prioritized economic growth as the primary mechanism to eventually lift the population out of poverty.

Multiple choice social science poverty : challenge facing india programmes for poverty eradication poverty as a challenge poverty: an economic challenge for india public health and the government constraints in economic development of rajasthan

The tenth plan target was a poverty ratio of _________ by $2007$ & _________ by $2012$.

  1. $19.3\%, 11\%$
  2. $11\%, 19.3\%$
  3. $113\%, 19\%$
  4. $11.0\%, 19.6\%$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Tenth Five-Year Plan of India targeted a poverty ratio reduction to 19.3% by 2007 and 11% by 2012.

Multiple choice social science poverty : challenge facing india programmes for poverty eradication poverty as a challenge poverty: an economic challenge for india public health and the government constraints in economic development of rajasthan

According to the Planning Commission using Mixed Recall Period prople were below poverty line in $2009 - 10$.

  1. $42$
  2. $26$
  3. $37$
  4. $37.2$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

According to the Planning Commission data using the Mixed Recall Period, the poverty rate in India for 2009-10 was estimated at 37.2%.