Tag: objectives of economic planning in india

Questions Related to objectives of economic planning in india

Example/s of the secondary environmental pollutant is _________.

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. Smog

  2. Ozone

  3. PAN

  4. All of these

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Correct Option: D
Explanation:

Introduction of substances that are harmful to the environment is called environmental pollution and the substance is called pollutant. A chemical substance which is not a pollutant but becomes a pollutant on reaction with other substance is called secondary pollutant All the given options are examples of secondary pollutants which include Smog, Ozone, Peroxyacetyl nitrate (PAN).

In India Service sector contributes ______% of our total exports.

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. 40

  2. 35

  3. 45

  4. 50

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Correct Option: B

Which of the following Stock Exchanges is in a stage of advanced negotiations to pick up a strategic equity stake in Bombay Stock Exchange?

economics sustainable development with equity liberalisation objectives of economic planning in india need for sustainable development introduction to social movements and its types social movements

  1. London Stock Exchange

  2. Tokyo Stock Exchange

  3. New York Stock Exchange

  4. Hong Kong Stock Exchange

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Correct Option: C
Explanation:

In 2014, more than 75 percent of the stock shares traded on United States exchanges (including the NEW YORK STOCK EXCHANGE ) originated from automated trading system orders.

Select the correct statement/statements about the traits of 'imperative planning' from the given list. using the code given below:
1. Only quantitative targets are set as was the case in pre-reform India.
2. The planning process of the state economies were, generally, imperative.  

economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

  1. Only 1

  2. Only 2

  3. I and 2

  4. Neither 1 nor 2

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Correct Option: D
Explanation:

India never followed imperative planning and its planning has been 'indicative' since India launched planning. Plannings of the 'State Economics' (Communist and Socialist economies) were always imperative in nature.

Consider the following statements about the nature of economic planning under the Planning Commission and select the correct one/ones using the code given below:
 I. It has been a process of socio-economic planning.
2. It has been inclusive of Gandhian Socialism. 

economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

  1. Only I

  2. Only 2

  3. I and 2

  4. Neither I nor 2

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Correct Option: D
Explanation:

Indian planning has been a process of economic planning and had nothing to do with the 'social' aspects of the country. India follows 'systemic' approach to planning rather than 'normative'.

A measure of the physical quantity of the goods or services produced through a government scheme or programme is called ______________.

economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

  1. Outlay

  2. Output

  3. Outcome

  4. Input

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Correct Option: B
Explanation:

A measure of the physical quantity of the goods or services produced through a government scheme or programme is called output.

Which of the following is not the part of the structure of the Financial System in India?

economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

  1. Industrial Finance

  2. Agricultural Finance

  3. Government Finance

  4. Personal Finance

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Correct Option: D

State whether the following statements are True or False.
Indian planning is democratic in nature.

economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

  1. True

  2. False

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Correct Option: A
Explanation:

India’s commitment to planned economic development is a reflection of our society’s determination to improve the economic conditions of our people and an affirmation of the role of the government in bringing about the growth performance through a variety of social, economic and institutional means. The ultimate objective of the Indian planning is to achieve broad based improvement in the living standard of society at large. Rapid growth is essential for expanding incomes and employment. It provides the required resources to finance programmes of social uplift.

The planning process in the industrial sector in India has assumed a relatively less important position in the nineties as compares to that in the earlier period. Which one of the following is not true in this regard ?

economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

  1. With the advent of liberalisation, industrial investments/ development have largely been placed within the domain of private and multinational sectors.

  2. With markets assuming a central place, the role of central planning in many sectors has been rendered redundant.

  3. The focus of planning has shifted to sectors like human resource development infrastructure, population control and welfare.

  4. The nation's priorities have shifted away from industrial development to rural development.

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Correct Option: C
Explanation:

This has been the basic change in the process of planning during the reform era. Planning has not lost its relevance but it has gone for its definition as such.

The basic difference between imperative and indicative planning is that __________________.

economics economics of development and planning economics of planning objectives of economic planning in india major economic problems

  1. in the case of imperative planning market mechanism is entirely replaced by a command hierarchy, while in case of indicative planning . it is looked upon as a way to improve the functioning of market system.

  2. in the case of indicative planing there is no need to nationalise any industry.

  3. in the case of imperative planning all economic activities belong to public sector, while in the other type they belong to the private sector.

  4. it is easier to achieve targets in imperative type of planning.

Show answer
Correct Option: A
Explanation:

Planning processes of all the non-state Economies (i.e., either Communist or the Socialist economies ) did belong to the 'imperative' (or target) planning. Planning by the Mixed Economies are of 'indicative' type.