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Q:

Which plan gave emphasis on removal of poverty for the first time

A) Fourth B) Fifth
C) Sixth D) Seventh
 
Answer & Explanation Answer: B) Fifth

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Filed Under: Indian Economy

Q:

Mahalanobis Model has been associated with which Five Year Plan

A) First Five Year Plan B) Second Five Year Plan
C) Third Five Year Plan D) Fourth Five Year Plan
 
Answer & Explanation Answer: B) Second Five Year Plan

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Filed Under: Indian Economy

Q:

The Planning Commission of India is

A) A Constitutional body B) An Independent and Autonomous body
C) A Statutory body D) A non Statutory body
 
Answer & Explanation Answer: D) A non Statutory body

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Filed Under: Indian Economy

Q:

The second Five Year plan was based on

A) Mahalanobis Model B) Vakil and Brahmananda's Wage -Goods Model
C) Harrod - Domar Growth Model D) Solow Growth Model
 
Answer & Explanation Answer: A) Mahalanobis Model

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Q:

Under which plan did the Government Introduce an agricultural strategy which gave rise to Green Rrevolution

A) Second five year plan B) Third five year plan
C) Fourth five year plan D) Sixth five year plan
 
Answer & Explanation Answer: B) Third five year plan

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Q:

Which one of the following is a development expenditure

A) Irrigation expenditure B) Civil administration
C) Debt services D) Grant in Aid
 
Answer & Explanation Answer: A) Irrigation expenditure

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Filed Under: Indian Economy

Q:

Per Capita Income is Obtained by dividing National Income by

A) Total population of the country B) Total working population
C) Area of the country D) Volume of the capital used
 
Answer & Explanation Answer: A) Total population of the country

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Q:

GDP at factor cost is

A) GDP minus indirect taxes plus subsidies B) GNP minus depreciation allowances
C) NNP plus depreciation allowances D) GDP minus subsidies plus indirect taxes
 
Answer & Explanation Answer: A) GDP minus indirect taxes plus subsidies

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Filed Under: Indian Economy