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