SSC economy quiz 1 September 21, 2018 September 21, 2018 Please enter your email: 1. The Planning Commission is : an Advisory body an Autonomous Corporation a Government department a Ministry 2. Which of the following statements is correct? The Prime Minister is the Chairman of the Planning Commission Planning Commission is a constitutional body The draft plan is prepared by the National Development Council The Minister of Planning is always necessarily the Deputy Chairman of Planning Commission 3. The principal reason why national economic planning is still being pursued inspite of the vast quantity of capital already deployed in the public sector needs to be nurtured the market economy is mainly confined to industry and commerce and central planning in agriculture is necessary it is a constitutional requirement Five Year Plans can continue to provide a long-term perspective to the economy in market friendly fashions 4. ‘Take off stage’ in an economy means: steady growth begins economy is about to collapse economy is stagnant all controls are removed 5. The National Development Council gets its administrative support from: Planning Commission Administrative Reforms Commission Finance Commission Sarkaria Commission 6. Planning in India derives its objectives from: Fundamental Duties Preamble Directive Principles of State policy Fundamental Rights 7. The Five Year Plans of India intend to develop the country industrially through: increasing collaboration with non-resident Indians the public sector the private sector the public, private, joint and Cooperative sectors 8. Economic Planning is a subject: in the State List in the Concurrent List in the Union List unspecified in any special list 9. For internal financing of Five Year Plans, the government depends on: taxation, public borrowing and deficit financing taxation only public borrowing and deficit financing taxation and public borrowing 10. National Development Council was set up in: 1950 1952 1948 1951 Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related