Economics ยท 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

What was the target for electricity generation under the Fourth Five-Year Plan?

  1. 20,000 MW

  2. 25,000 MW

  3. 30,000 MW

  4. 35,000 MW
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The target for electricity generation under the Fourth Five-Year Plan was 30,000 MW.

Multiple choice

What was the target for social welfare expenditure under the Fourth Five-Year Plan?

  1. 20% of total expenditure

  2. 25% of total expenditure

  3. 30% of total expenditure

  4. 35% of total expenditure
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The target for social welfare expenditure under the Fourth Five-Year Plan was 25% of total expenditure.

Multiple choice

What was the impact of the Fourth Five-Year Plan on poverty in India?

  1. Poverty declined significantly

  2. Poverty remained unchanged

  3. Poverty increased slightly

  4. Poverty increased significantly
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Poverty remained unchanged during the Fourth Five-Year Plan.

Multiple choice

What is the significance of the 'Five Year Plans' in India's socialist economic policies?

  1. To promote rapid industrialization

  2. To achieve self-sufficiency in agriculture

  3. To reduce regional disparities

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

The Five Year Plans in India were designed to promote rapid industrialization, achieve self-sufficiency in agriculture, and reduce regional disparities, thereby contributing to the overall socialist economic goals.

Multiple choice

Which of the following is an example of a short-term economic forecast?

  1. Quarterly GDP forecast

  2. 10-year economic outlook

  3. Long-term demographic forecast

  4. 5-year inflation forecast
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Short-term economic forecasts cover a period of up to one year.

Multiple choice

How many Five-Year Plans were formulated by the Planning Commission?

  1. 10

  2. 11

  3. 12

  4. 13
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Planning Commission formulated 12 Five-Year Plans for the country from 1951 to 2017.

Multiple choice

Which Five-Year Plan was known as the 'Golden Era of Planning'?

  1. First Five-Year Plan

  2. Second Five-Year Plan

  3. Third Five-Year Plan

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

The Second Five-Year Plan (1956-1961) was known as the 'Golden Era of Planning' due to its emphasis on heavy industrialization and rapid economic growth.

Multiple choice

Which Five-Year Plan was focused on poverty alleviation and social justice?

  1. Fifth Five-Year Plan

  2. Sixth Five-Year Plan

  3. Seventh Five-Year Plan

  4. Eighth Five-Year Plan
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Seventh Five-Year Plan (1985-1990) was focused on poverty alleviation and social justice, with a special emphasis on the upliftment of the weaker sections of society.

Multiple choice

Which Five-Year Plan introduced the concept of 'Minimum Needs Programme'?

  1. Fourth Five-Year Plan

  2. Fifth Five-Year Plan

  3. Sixth Five-Year Plan

  4. Seventh Five-Year Plan
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Fifth Five-Year Plan (1974-1979) introduced the concept of 'Minimum Needs Programme', which aimed to provide basic essential services to the poor and vulnerable sections of the population.

Multiple choice

Which Five-Year Plan emphasized on liberalization, privatization, and globalization?

  1. Eighth Five-Year Plan

  2. Ninth Five-Year Plan

  3. Tenth Five-Year Plan

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

The Eighth Five-Year Plan (1992-1997) emphasized on liberalization, privatization, and globalization, marking a shift in India's economic policies.

Multiple choice

Which Five-Year Plan focused on inclusive growth and sustainable development?

  1. Eleventh Five-Year Plan

  2. Twelfth Five-Year Plan

  3. Thirteenth Five-Year Plan

  4. Fourteenth Five-Year Plan
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Twelfth Five-Year Plan (2012-2017) focused on inclusive growth and sustainable development, with a special emphasis on environmental protection and climate change mitigation.

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
C Correct answer
Explanation

The target of PMKVY is to train 30 million youth by 2022.

Multiple choice

What is the target year for achieving the SDGs?

  1. 2025

  2. 2030

  3. 2035

  4. 2040
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The target year for achieving the SDGs is 2030.

Multiple choice

What was the policy of economic reform and opening up introduced by Deng Xiaoping?

  1. Special Economic Zones

  2. Township and Village Enterprises

  3. Household Responsibility System

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

The policy of economic reform and opening up introduced by Deng Xiaoping included Special Economic Zones, Township and Village Enterprises, and the Household Responsibility System.

Multiple choice

What is the target set by the National Policy on Skill Development and Entrepreneurship (2015) for skill development?

  1. To skill 500 million people by 2022.

  2. To skill 100 million people by 2022.

  3. To skill 200 million people by 2022.

  4. To skill 300 million people by 2022.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The National Policy on Skill Development and Entrepreneurship (2015) has set a target to skill 500 million people by 2022.