Economics · General Awareness

Indian Five-Year Plans

480 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 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

Which is the final authority to approve the Five Year Plans?

  1. President

  2. Prime Minister

  3. Parliament

  4. National Development Council
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

National Development Council is also known as Rashtriya Vikas Parishad. It was set on 6 August 1952 with a purpose to strengthen the nation in support of the plan. It is the apex body for decision making on development matters in India presided over by the Prime Minister. The Council is responsible to prescribe guidelines for the formulation of Plan, to review and to give recommendations, if necessary.

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

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%.

Multiple choice social science public health and the government food security and related aspects food security rural development role of the government in health

Government's poverty alleviation approach that was followed from third five year plan was ____________.

  1. growth-oriented approach

  2. poverty alleviation programmes

  3. providing minimum basic amenities to the people

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
Poverty alleviation programmes aimed at raising incomes and employment for the poor through the creation of incremental assets and by means of work generation. This approach has been initiated from the Third Five Year Plan (1961-66) and progressively enlarged since then. One of the noted programmes initiated in the 1970s was Food for Work.
Hence, B is the correct option.
Multiple choice social science public health and the government food security and related aspects food security rural development role of the government in health

The third approach to addressing poverty is to provide minimum basic amenities to the people. This was followed from the  _________.

  1. third five year plan

  2. fifth five year plan

  3. fourth five year plan

  4. none of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
The third approach to addressing poverty is to provide minimum basic amenities to the people. Programmes under this approach are expected to supplement the consumption of the poor, create employment opportunities and bring about improvements in health and education. One can trace this approach from the Fifth Five Year Plan.
Multiple choice social science public health and the government food security and related aspects food security rural development role of the government in health

In the $5th$ plan though removal of poverty was mentioned as a major objective, only a passing reference was made to the problem of ____________________.

  1. economic inequalities

  2. population growth

  3. industrial stagnation

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

The 5th Five Year Plan focused on 'Garibi Hatao' (Removal of Poverty). While it addressed poverty, it was criticized for giving only limited attention to the structural issues of economic inequalities.

Multiple choice social science public health and the government food security and related aspects food security rural development role of the government in health

Which of the following were the long term objectives of economic planning in India up to the $7th$ plan?

  1. economic growth

  2. self reliance

  3. Removal of unemployment

  4. reduction of income inequalities and elimination of poverty
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Economic planning in India up to the 7th plan consistently aimed at long-term goals including growth, self-reliance, and social justice, specifically targeting the reduction of income inequalities and the elimination of poverty.

Multiple choice economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

Select the correct statement/statements about the traits of 'imperative planning' from the given list. using the code given below:
1. Only quantitative targets are set as was the case in pre-reform India.
2. The planning process of the state economies were, generally, imperative.  

  1. Only 1

  2. Only 2

  3. I and 2

  4. Neither 1 nor 2
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

India never followed imperative planning and its planning has been 'indicative' since India launched planning. Plannings of the 'State Economics' (Communist and Socialist economies) were always imperative in nature.

Multiple choice economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

The first Chairman of the Indian Planning Commission was ________.

  1. Gulzari Lal Nanda

  2. Jawaharlal Nehru

  3. Rajendra Prasad

  4. Sardar Patel
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

India after becoming independent, planning commission was introduced on 15 March 1950 by Indian government to improve standards of living of people who were deprived for centuries. First chairman of planning commission in India was Jawaharlal Nehru as he was the Prime Minister then.

Multiple choice economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

The 'Rolling Plan' emphasised on __________.

  1. Total change in the methods of production

  2. Complete eradication of poverty
  3. Providing employment to the unemployed within $10$ years

  4. Annual review of progress in the implementation of plans
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The rolling plan refers to the plan where there is no fix time period of the commencement and end of the plan. The rolling plan is resourceful to overcome the rigidity. This can be done by mending the targets. 

In India, the first rolling plan was introduced in 1978-80. The rolling plan emphasised on the annual review of progress in the implementation of plans.

Thus, the correct answer is D.

Multiple choice economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

11th Five Year Plan's main objective is __________.

  1. development

  2. growth

  3. inclusive growth

  4. industrial growth
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The duration of the 11th Five Year Plan was from the year 2007 to 2012. The prime objective of this Five Year Plan was to head forward towards faster and inclusive growth. It was the first time our country would be finally emerging into the front ranks of fast-growing developing countries.

Thus, the correct answer is C.