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 history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

Which of the following were short-term measures in the NEP?

  1. Structural reform measures

  2. Stabilisation measures

  3. Both A and B

  4. None
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
India agreed to the conditionalities of World Bank and IMF and announced the New Economic Policy (NEP). The NEP consisted of wide ranging economic reforms. This set of policies can broadly be classified into two groups: the  stabilisation measures and the structural reform measures. Stabilisation measures are short term measures, on the other hand, structural reform policies are long-term measures.
Multiple choice history economic system and economic policies american dominance, neo-imperialism and new economic policy insights on lpg changing economic policies

Which of the following were long-term measures in the NEP?

  1. Structural reform measures

  2. Stabilisation measures

  3. Both A and B

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

India agreed to the conditionalities of World Bank and IMF and announced the New Economic Policy (NEP). The NEP consisted of wide ranging economic reforms. This set of policies can broadly be classified into two groups: the  stabilisation measures and the structural reform measures. Stabilisation measures are short term measures, on the other hand, structural reform policies are long-term measures.

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 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.

Multiple choice economics employment: growth, informalisation and other issues measures to alleviate unemployment unemployment measures unemployment and employment generation

The Tenth plan target of creation of employment opportunities _______.

  1. was achieved by a high margin

  2. was achieved by a low margin

  3. was missed by a high margin

  4. was missed by a low margin
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Tenth Five-Year Plan (2002-2007) set ambitious targets for employment generation, but the actual achievement fell short of these targets, though not by an extreme margin.

Multiple choice

Nehru's Five-Year Plans included reforms in

  1. Education

  2. Agriculture

  3. Social welfare

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Jawaharlal Nehru's Five-Year Plans were comprehensive economic strategies that aimed to modernize India through reforms in agriculture, industry, education, and social welfare.

Multiple choice

Planning for the following 3 to 5 years is known as

  1. Tactical planning

  2. Operational planning

  3. Strategic planning

  4. Goal setting
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Strategic planning is long-term planning, typically looking 3 to 5 years into the future to define the organization's direction and allocate resources. Operational planning is short-term, while tactical planning is medium-term. Therefore, planning for a 3 to 5-year horizon falls under strategic planning.

Multiple choice

Choose the correct answer

  1. What do you think we’ll be doing in five years’ time?

  2. What do you think you’re doing in five years’ time?

  3. What do you think we do in five year’s time?
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The future continuous tense ("will be doing") is used to talk about an action that will be in progress at a specific time in the future. Additionally, "five years' time" correctly uses the plural possessive apostrophe after the 's'.

Multiple choice

Which of the following plan was known as the partition plan?

  1. Macaulay plan

  2. Atlee Announcement

  3. Montagu - Chelmsford Reforms

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

The Mountbatten Plan, announced in June 1947, outlined the partition of British India into the two independent dominions of India and Pakistan.

Multiple choice

The Tribal Sub-Plan (TSP) is a component of which plan?

  1. Five Year Plan

  2. Annual Plan

  3. Medium Term Plan

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

The Tribal Sub-Plan (TSP) is a component of the Five Year Plan.