Economics ยท 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

Which of the following is an example of a successful economic plan?

  1. The Marshall Plan

  2. The Five-Year Plans of India

  3. The New Deal

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

The Marshall Plan, the Five-Year Plans of India, and the New Deal are all examples of successful economic plans that achieved their intended objectives.

Multiple choice

What is the timeline for the implementation of the NEP 2020?

  1. 5 years

  2. 10 years

  3. 15 years

  4. 20 years
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The NEP 2020 has a timeline of 15 years for its implementation.

Multiple choice

What was the main objective of the Sixth Five-Year Plan?

  1. To achieve self-sufficiency in food production

  2. To increase industrial output

  3. To improve the standard of living for the Indian people

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

The Sixth Five-Year Plan had multiple objectives, including achieving self-sufficiency in food production, increasing industrial output, and improving the standard of living for the Indian people.

Multiple choice

Which sector received the highest allocation of funds under the Sixth Five-Year Plan?

  1. Agriculture

  2. Industry

  3. Infrastructure

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

Agriculture received the highest allocation of funds under the Sixth Five-Year Plan, reflecting the government's priority on achieving self-sufficiency in food production.

Multiple choice

What was the target for annual economic growth rate during the Sixth Five-Year Plan?

  1. 5.2%

  2. 5.5%

  3. 5.8%

  4. 6.0%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The target for annual economic growth rate during the Sixth Five-Year Plan was 5.2%.

Multiple choice

What was the target for literacy rate by the end of the Sixth Five-Year Plan?

  1. 40%

  2. 45%

  3. 50%

  4. 55%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The target for literacy rate by the end of the Sixth Five-Year Plan was 45%.

Multiple choice

What was the target for infant mortality rate by the end of the Sixth Five-Year Plan?

  1. 100 per 1000 live births

  2. 90 per 1000 live births

  3. 80 per 1000 live births

  4. 70 per 1000 live births
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The target for infant mortality rate by the end of the Sixth Five-Year Plan was 90 per 1000 live births.

Multiple choice

What was the target for per capita income by the end of the Sixth Five-Year Plan?

  1. Rs. 2,000

  2. Rs. 2,500

  3. Rs. 3,000

  4. Rs. 3,500
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The target for per capita income by the end of the Sixth Five-Year Plan was Rs. 3,000.

Multiple choice

What was the overall assessment of the Sixth Five-Year Plan?

  1. It was a success

  2. It was a failure

  3. It was a mixed bag

  4. It is difficult to say
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Sixth Five-Year Plan was a mixed bag, with some sectors performing well and others not so well.

Multiple choice

What is the target of PMKVY?

  1. To train 10 million youth by 2022

  2. To train 20 million youth by 2022

  3. To train 30 million youth by 2022

  4. To train 40 million youth by 2022
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The target of PMKVY is to train 20 million youth by 2022.

Multiple choice

What is the main objective of the Five-Year Plans in India?

  1. Economic Growth

  2. Social Welfare

  3. Employment Generation

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

The Five-Year Plans in India aim to achieve a combination of economic growth, social welfare, and employment generation.

Multiple choice

Which of the following is NOT a criticism of Five-Year Plans?

  1. They are too centralized.

  2. They are too inflexible.

  3. They are too ambitious.

  4. They are too successful.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Five-Year Plans have been criticized for being too centralized, too inflexible, and too ambitious. However, they have not been criticized for being too successful.

Multiple choice

What is the main argument of those who criticize Five-Year Plans for being too inflexible?

  1. They cannot be adjusted to changing circumstances.

  2. They are too rigid and do not allow for innovation.

  3. They are too long and do not allow for short-term adjustments.

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

Critics of Five-Year Plans argue that they cannot be adjusted to changing circumstances, are too rigid and do not allow for innovation, and are too long and do not allow for short-term adjustments.

Multiple choice

What is the main argument of those who criticize Five-Year Plans for being too ambitious?

  1. They set unrealistic targets.

  2. They lead to waste and inefficiency.

  3. They create unrealistic expectations.

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

Critics of Five-Year Plans argue that they set unrealistic targets, lead to waste and inefficiency, and create unrealistic expectations.

Multiple choice

Which of the following is NOT a suggestion for reforming Five-Year Plans?

  1. Make them more decentralized.

  2. Make them more flexible.

  3. Make them less ambitious.

  4. Make them more successful.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Suggestions for reforming Five-Year Plans include making them more decentralized, more flexible, and less ambitious. However, there is no suggestion to make them more successful.