Indian Economy and Economic Planning - One Line Questions
1.
The 'Twelfth Five-Year Plan' aimed to increase the share of manufacturing in GDP to: —
25%
2.
The concept of 'Structural Adjustment Programme' (SAP) was associated with India's economic reforms in: —
1990s
3.
The 'Rolling Plan' concept, which suggested flexibility in planning, was introduced during the Janata Party government for which period? —
1978-1983
4.
The 'National Bank for Agriculture and Rural Development' (NABARD) was established in which year? —
1982
5.
The economic liberalization reforms in India, including deregulation and privatization, began in which year? —
1991
6.
The 'National Rural Employment Guarantee Scheme' (NREGS), now MGNREGA, was launched in which year? —
2005
7.
The economic reforms of 1991 were largely a response to: —
A severe balance of payments crisis
8.
Which sector saw the most significant liberalization immediately after 1991? —
Telecommunications and Banking
9.
The 'Golden Handshake Scheme' was introduced to address issues in which sector? —
Public Sector Undertakings
10.
The concept of a 'Mixed Economy' in India implies: —
Coexistence of public and private sectors
11.
The 'Public Sector Undertakings' (PSUs) were given significant emphasis in which phase of India's economic planning? —
Early plans (First to Third)
12.
Which Five-Year Plan aimed at reducing the poverty ratio by 10 percentage points during its period? —
Tenth Five-Year Plan
13.
The objective of 'Growth with Social Justice' was a primary goal of which Five-Year Plan? —
Fifth Five-Year Plan
14.
The Mahalanobis model, focusing on heavy industries, was a key feature of which Five-Year Plan? —
Second Five-Year Plan
15.
The concept of 'Poverty Line' was first formally defined in India during which Five-Year Plan? —
Third Five-Year Plan
16.
Which Five-Year Plan was characterized by 'Steep Rise in Population' and 'Slow Growth Rate'? —
Third Five-Year Plan
17.
Which Five-Year Plan aimed at achieving 'Economic Growth' and 'Self-Sufficiency'? —
Third Five-Year Plan
18.
Which of the following is a key function of NITI Aayog? —
Acting as a think tank and policy incubator
19.
Which Five-Year Plan witnessed the implementation of the 'Integrated Rural Development Programme' (IRDP)? —
Sixth Five-Year Plan
20.
The 'Bombay Plan' of 1944 was a blueprint for India's industrial development prepared by: —
Indian industrialists
21.
The 'Disinvestment Policy' in India refers to: —
Reducing government stake in PSUs
22.
What was the main focus of India's First Five-Year Plan (1951-1956)? —
Agriculture and irrigation
23.
The 'National Rural Livelihoods Mission' (NRLM) is a successor to which earlier program? —
SGSY
24.
Which economic concept, introduced by John Maynard Keynes, influenced India's early economic planning? —
Demand-side management
25.
The Planning Commission of India was replaced by which body in 2015? —
NITI Aayog
26.
What does the acronym 'NITI' in NITI Aayog stand for? —
National Institute for Transforming India
27.
The 'National Common Minimum Programme' (NCMP) was a policy framework adopted by which government coalition? —
UPA (United Progressive Alliance)
28.
The concept of 'Inclusive Growth' became a prominent objective in which Five-Year Plan? —
Eleventh Five-Year Plan
29.
The 'Sarva Shiksha Abhiyan' (SSA) was launched during the period of which Five-Year Plan? —
Tenth Five-Year Plan
30.
The Twelfth Five-Year Plan (2012-2017) had the overarching theme of: —
Rapid and Inclusive Growth
31.
The Ninth Five-Year Plan (1997-2002) emphasized: —
Employment and Social Justice
32.
What was the primary objective of the Eighth Five-Year Plan (1992-1997)? —
Economic Liberalization and Reforms
33.
Which institution was responsible for formulating India's Five-Year Plans? —
Planning Commission of India
34.
Which of the following is NOT a characteristic of India's planned economy? —
Resource allocation by market forces
35.
Which Five-Year Plan is known for its emphasis on 'Self-Reliance' and 'Green Revolution'? —
Fourth Five-Year Plan
36.
The objective of 'Food, Work, and Livelihood' was a central theme of which Five-Year Plan? —
Ninth Five-Year Plan
37.
The 'Swarn Jayanti Gram Swarozgar Yojana' (SGSY) was a major poverty alleviation programme launched during which Five-Year Plan? —
Ninth Five-Year Plan
38.
Which Five-Year Plan is associated with the economic policy of 'liberalization, privatization, and globalization' (LPG)? —
Eighth Five-Year Plan
39.
Which Five-Year Plan had the slogan 'Development with a Human Face'? —
Seventh Five-Year Plan
40.
Which was the last Five-Year Plan in India? —
Twelfth Five-Year Plan
41.
Which Five-Year Plan aimed at achieving 'Sustainable Development'? —
Twelfth Five-Year Plan
42.
The 'Goods and Services Tax' (GST) was a significant reform largely implemented during the period leading up to and following which Five-Year Plan? —
Twelfth Five-Year Plan
43.
Which Five-Year Plan in India emphasized 'Garibi Hatao' (Remove Poverty)? —
Fifth Five-Year Plan
44.
The 'Minimum Needs Programme' was introduced during which Five-Year Plan? —
Fifth Five-Year Plan
45.
Which Five-Year Plan focused on 'Employment Generation' and 'Poverty Eradication' as its main goals? —
Sixth Five-Year Plan
46.
The 'Operation Flood' program, aimed at increasing milk production, was initiated during the period of which Five-Year Plan? —
Fourth Five-Year Plan
47.
The objective of 'Accelerated Industrial Development' was a focus of which Five-Year Plan? —
Fourth Five-Year Plan
48.
NITI Aayog's role is primarily advisory and strategic, unlike the executive mandate of the erstwhile Planning Commission. —
True
49.
Which economic indicator was a primary concern during the Fifth Five-Year Plan, leading to its early termination? —
Inflation
50.
Which institution provided financial assistance to India during its 1991 economic crisis? —
International Monetary Fund (IMF)