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)