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 geography economic growth and development development and growth need for sustainable development economics of development

Choose the correct answers from the alternatives given.
Which Five Year Plan is not correct among the following?

  1. First 1951-56

  2. Second 1956-61

  3. Third 1961-66

  4. Fourth 1966-71
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Despite big investments during the first three Plans, the Living standards of the poor could not be raised and poverty and inequity in distribution of state resources remained stark. Consequently, the period between 1966 and 1969 marked the shift from a 'growth approach' to a 'distribution from growth approach'. Looking at the failures and pitfalls the planners suspended the impending Fourth Plan, which was due in 1966, until 1969 for a revision of objectives and targets. This came to be called as the 'Plan Holiday' extending from 1 April 1966 to 31 March 1969.

Multiple choice economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

During the ________ plan, India experienced surplus in BOP.

  1. fifth

  2. sixth

  3. seventh

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

During the Fifth Five-Year Plan (1974-1979), India experienced a surplus in its Balance of Payments, largely due to a significant increase in remittances from Indian workers in the Gulf and a temporary improvement in trade conditions.

Multiple choice social science food security in india need for nregs rural development and employment guarantee scheme food security and nutrition

National Food for Work Programme was introduced during _________.

  1. 6th five year plan

  2. 8th five year plan

  3. 10th five year plan

  4. 5th five year plan
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

National food for work programme was introduced during the 5th five-year plan. This programme was launched in the year 2004 by the minister of rural development. The objective of this scheme is to give employment to Indian poor who can undertake unskilled jobs and thus also maintain food security.  

Multiple choice history post independence constitution and the first general election first general elections india: events after 1960

What was the target of the first five year plan of India?

  1. Development of the industries

  2. Development of Agriculture

  3. Development of infrastructure

  4. Development of ports
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Development of Agriculture is the target of first five year plan, because India's economy was based on agriculture mainly that time.

Multiple choice organisation of commerce and management the nature of the indian economy part 2 industrial revolution in india subsidies, industrial policy and trade policy cottage and small scale industries

The industrial Policy Resolution was part of which 5 year plan? 

  1. Second Five Year Plan

  2. Third Five Year Plan

  3. First Five Year Plan

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

The Industrial Policy Resolution of 1956 was a cornerstone of the Second Five Year Plan, which focused on heavy industrialization.

Multiple choice history post independence constitution and the first general election first general elections india: events after 1960

First five year plan in India was from ________.

  1. 1947 - 1952

  2. 1949 - 1954

  3. 1950 - 1955

  4. 1951 - 1956
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

After the independence in 1947, the first general election was conducted in the year 1951-52 and Indian National Congress came into the power. The first five year plan for India was formed for 1951-1956. It was mainly concerned with the development of primary sector.

Multiple choice civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

Who among the following is the architect of the second plan and supporter of rapid industrialisation to play an active role of the public sector?

  1. Dr. B.R Ambedkar

  2. P. C. Mahalanobis

  3. Mahatma Gandhi

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

Second plan was in action from the year 1956 to 1961. The Second Plan was particularly in the development of the public sector and "rapid industrialisation". The architect of the second plan and supporter of rapid was P. C. Mahalanobis.

Multiple choice civics foreign trade in india the government and economic development indian economy on the eve of independence impact of technology on livelihoods

Who among the following proposed blueprint that put greater emphasis on rural industrialisation.

  1. J.C. Kumarappa

  2. P. C. Mahalanobis

  3. Dr. B.R Ambedkar

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

J.C. Kumarappa was one among the many eminent economists of India.  Kumarappa is credited for developing economic theories based on Gandhism. He was a pioneer of rural economic development theories. He proposed blueprint that put greater emphasis on rural industrialisation.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

______________ is the backbone of a modern economy, hence, it has been prioritised in five year plans in India.

  1. Transport

  2. Low income groups

  3. Inflation

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
On account of its serious utilization of foundations, the transport part is a significant segment of the economy and a typical instrument utilized for improvement. At the total level, productive transportation lessens costs in numerous economic segments, while improper transportation expands such expenses.
Hence, A is the correct option.
Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

________________ of the $10^{th}$ five year plan stressed on modernisation and electrification of railways.

  1. National Rail Development Association

  2. National Rail Vikas Yojana

  3. Rural Rail Development

  4. Shahri Rail Vikas Yojana
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The National Rail Vikas Yojana was launched during the 10th Five Year Plan to focus on the modernization, electrification, and capacity expansion of the Indian railway network.

Multiple choice economics emerging issues in indian economy industrial development in india need and growth of industrialisation secondary sector : industry

Which of the following was focus area 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

The second five year plan was particularly for the development of public sector and "rapid Industrialisation". The plan followed the Mahalanobis model, an economic development model developed by the Indian statistician Prasanta Chandra Mahalanobis in 1953.