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