Prashanotri

Under which schedule of the Indian Constitution is economic and social planning in India included in the Concurrent list?

• 5th schedule

• 7th schedule

• 9th schedule

• 12th schedule

According to Dickenson, economic planning involves:

• The random distribution of resources

• Individual business decisions without government intervention

• Making major economic decisions based on a comprehensive survey of the economic system

• Short-term economic fluctuations

Which type of economic planning focuses on short-term goals, usually covering 1 to 5 years?

• Perspective Planning

• Structural Planning

• Prospective Planning

• General Planning

China under Mao Zedong's rule followed strict government-controlled economic planning, is a part of which type of economy?

• Inducement Planning

• Decentralized planning

• Partial Planning

• Totalitarian Planning

Which stage of Economic planning involve preparing draft of the physical targets and financial resources.

• Formulation

• Adoption

• Execution

• Supervision

Which of the following is not a prerequisite for successful planning?

• Political Stability

• Suitable Economic organisation

• Excessive Government Spending

• Reliable Statistical data

Which of the following are the factor(s) that account for the development of planning?

• Allocation of Resources

• Monetary & Fiscal Policy

• Priorities in Planning

• All of the above

Why do countries with large populations, like India, prefer labour-intensive industries?

• To reduce dependency on foreign technology

• To create more job opportunities for their workforce

• To eliminate the need for industrial growth

• To increase reliance on automation

Which national-level program emerged due to a PIL filed by the People's Union for Civil Liberties (PUCL)?

• Pradhan Mantri Fasal Bima Yojana

• Mid-Day Meal Scheme

• Food for Work Programme

• Rashtriya Krishi Vikas Yojana

Which of the following best describes the role of economic planning in underdeveloped countries?

• Encouraging dependence on foreign aid

• Breaking the cycle of poverty and promoting economic stability

• Reducing government intervention in all sectors

• Focusing solely on agricultural development