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
A
Correct answer
Explanation
Individual Pension Plans were originally called S226 plans, named after the section of the UK Income and Corporation Taxes Act 1970 that governed them. This section provided the tax framework for personal pensions.
B
Correct answer
Explanation
11th Five Year Plan (2007-2012) was in effect when this question was likely framed. 12th (2012-2017) and 10th (2002-2007) were adjacent plans. Planning Commission was abolished in 2014.
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The Finance Commission
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The Planning Commission
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The National Development Council
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The Ministry of Finance
C
Correct answer
Explanation
The National Development Council (NDC), chaired by the Prime Minister and comprising Chief Ministers and Cabinet ministers, approves the Draft outline of the Five Year Plans. The Planning Commission prepared the draft, but the NDC gave final approval. The Finance Commission deals with tax distribution, not planning.
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First Plan
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Fifth Plan
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Fourth Plan
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Second Plan
B
Correct answer
Explanation
The 'Garibi Hatao' slogan was Indira Gandhi's campaign that became the cornerstone of the Fifth Five Year Plan (1974-79), focusing on poverty reduction, employment generation, and social justice programs.
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National Productivity Council
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Planning Commission
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National Development Council
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None of these
B
Correct answer
Explanation
The Planning Commission was responsible for formulating Five Year Plans in India. Established in 1950, it was the apex body for economic planning until it was replaced by NITI Aayog in 2015. The Commission designed and implemented India's planned economic development strategy.
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(a) 4 (b) 3 (c) 2 (d) 1
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(a) 1 (b) 3 (c) 2 (d) 4
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(a) 2 (b) 1 (c) 4 (d) 3
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(a) 1 (b) 4 (c) 3 (d) 2
B
Correct answer
Explanation
The correct matching is: National Planning Committee (A) with Indian National Congress (1) - it was formed by INC in 1938; Bombay Plan (B) with Leading Industrialists (2) - proposed by Tata, Birla, and others; Gandhian Plan (C) with Shriman Narayan (3) - he authored this plan in 1944; Peoples Plan (D) with M.N. Roy (4) - the radical socialist proposed it in 1944. Option B correctly shows these pairings.
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India's health
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India's education
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India's rural development
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Eradication of poverty from India
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None of these
C
Correct answer
Explanation
The 10th Five Year Plan (2002-2007) set an annual growth rate target of 8%. This was an ambitious increase from previous plans, reflecting confidence in India's economic potential after liberalization. The actual growth averaged around 7.6%, slightly below target but still robust.
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7 to 9%
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8 to 10%
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9 to 11%
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10 to 15%
C
Correct answer
Explanation
The 11th Five Year Plan (2007-2012) targeted 4% annual growth for agriculture and 9-11% for industry and services combined. This reflected the need for balanced sectoral growth while accelerating overall economic expansion.
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First Five Year Plan
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Third Five Year Plan
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Fifth Five Year Plan
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Seventh Five Year Plan
C
Correct answer
Explanation
The Fifth Five Year Plan (1974-79) emphasized public sector investment in heavy industries and infrastructure, making it the period with highest investment per enterprise in the public sector during India's industrial development.
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Scheduled Caste group
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Primitive Tribal Groups
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Wetlands
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Biodiversity Hotspots
B
Correct answer
Explanation
Based on pre-agricultural level of technology, low level of literacy, declining or stagnant populations, 75 tribal communities in 17 States and 1 Union Territory of Andaman & Nicobar Island, have been identified and categorized as Primitive Tribal Groups (PTGs). During 2007-08, comprehensive long term “Conservation-cum-Development (CCD) Plans” for PTGs have been formulated for Eleventh Plan period through baseline surveys conducted by respective State Governments/Union territory. These Plans envisage a synergy between efforts of State Governments and non-governmental organizations.
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5 percent
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8 percent
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10 percent
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6 percent
C
Correct answer
Explanation
The Tenth Five Year Plan (2002-2007) targeted a growth rate of 10 percent for the industrial sector. This ambitious target reflected the emphasis on accelerating industrial growth as part of India's economic development strategy. The actual achieved growth rate varied from year to year but the PLAN TARGET was specifically set at 10 percent for industry.
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first five year plan
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second five year plan
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third five year plan
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fourth five year plan
B
Correct answer
Explanation
The Second Five Year Plan (1956-61) prioritized heavy industrialization and development of the public sector. Three major steel plants were established during this period at Bhilai (with Soviet cooperation), Rourkela (with German cooperation), and Durgapur (with British cooperation). This plan emphasized industrial infrastructure as the engine of economic growth.
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March Plan
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April Plan
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May Plan
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June Plan
D
Correct answer
Explanation
Mountbatten Plan was put out on June 3, 1947 and came to be called the June Plan.
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Second Five Year Plan
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Fourth Five Year Plan
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Fifth Five Year Plan
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Eighth Five Year Plan
D
Correct answer
Explanation
The eighth plan was postponed by two years because of political uncertainty at the centre, worsening balance of payment position and inflation during 1990-91. These were the key issues during the launch of the plan.
The plan undertook drastic policy measures to combat the bad economic situation and to undertake an annual average growth of 5.6%
Some of the main economic outcomes during the eighth plan period were rapid economic growth, high growth of agriculture, allied sector and manufacturing sector, growth in exports and imports and improvement in trade and current account deficit.