Economic Planning in India Quiz

When was the Planning Commission established in India?

• 1947

• 1975

• 1950

• 1960

What was the main objective of the first five year plan in India?

• Enhancing transport facilities

• Improving food availability

• Reconstruction of the economy

• Industrialization

Who was the first Chairman of the Planning Commission in India?

• M. Visheshvraya

• Jawaharlal Nehru

• Naryan Aggarwal

• P.C. Mahalanobis

What was the main focus of the Bombay Plan?

• Social welfare

• Income distribution

• Industrialization

• Agricultural development

What was the main emphasis of the Gandhian Plan?

• Agriculture and small-scale industries

• Large-scale industries

• Foreign trade

• Infrastructure development

What was the main purpose of the National Development Council in India?

• To approve plans before implementation

• To prepare annual budgets

• To regulate foreign trade

• To conduct census surveys

What was the target growth rate in the Second five year plan?

• 1.5%

• 3.6%

• 5.0%

• 2.1%

What was the main feature of the first five year plan in India?

• Introduction of market mechanism

• Construction of roads

• Focus on heavy industries

• Emphasis on foreign trade

Who formulated the model used in the Second five year plan?

• Naryan Aggarwal

• M. Visheshvraya

• P.C. Mahalanobis

• Jawaharlal Nehru

What was the main function of the Planning Commission in India?

• To provide healthcare services

• To regulate stock markets

• To estimate and recognize resources

• To conduct agricultural research