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