INDIAN ECONOMIC DEVELOPMENT

When was the planning commission set up?

• 1949

• 1950

• 1951

• 1850

Which of the following is not a goal of five year plan?

• Growth

• Equality

• Land reforms

• Modernisation

Abolition of intermediateries and Land ceiling are part of

• Industrial reforms of India

• External sector reforms in India

• Land reforms in India

• Banking reforms in India

Capitalist Economy is controlled and operated by

• Private sector

• Public sector

• Both A and B

• None of the above

India adopted the ____________ economic system.

• Capitalist

• Mixed

• Socialist

• None of the above

The first five year plan was launched for a period from

• 1948 - 1953

• 1959 -1954

• 1951 -1956

• 1955 -1960

Which one of these is a central problem of an Economy?

• What to produce

• How to produce

• For whom to produce

• All of the above

______________economy is the economy in which means of production are owned, controlled and operated by the government.

• Mixed

• Socialist

• Capitalist

• None of the above

Which of the following explains the term economic growth?

• Increase in per capita production

• Increase in per capita real income

• Structural change in the economy

• All of the above

Which of the following organisation looks after the credit needs of agriculture and rural development in India.

• FCI

• IDBI

• NABARD

• ICAR