SSC economy quiz 1 September 21, 2018 September 21, 2018 Please enter your email: 1. The National Development Council gets its administrative support from: Administrative Reforms Commission Finance Commission Sarkaria Commission Planning Commission 2. Economic Planning is a subject: in the Concurrent List in the State List in the Union List unspecified in any special list 3. ‘Take off stage’ in an economy means: steady growth begins economy is stagnant all controls are removed economy is about to collapse 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 draft plan is prepared by the National Development Council The Minister of Planning is always necessarily the Deputy Chairman of Planning Commission 5. 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 6. 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 7. 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 the market economy is mainly confined to industry and commerce and central planning in agriculture is necessary it is a constitutional requirement the vast quantity of capital already deployed in the public sector needs to be nurtured 8. National Development Council was set up in: 1951 1950 1948 1952 9. The Planning Commission is : an Advisory body a Ministry a Government department an Autonomous Corporation 10. Planning in India derives its objectives from: Fundamental Duties Fundamental Rights Directive Principles of State policy Preamble Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related
