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