Please enter your email: 1. Dadabhai Naoroji theorised on the drain of wealth from India in his book: Poverty under British Rule in India Poverty and Un-British Rule in India Poverty of Economic Drain in British India Poverty in British Rule in India 2. Which of the following bodies finalises the Five Year Plan proposals Planning Commission Ministry of Planning Union Cabinet National Development Council 3. Which one of the following is NOT with in the duties of the Planning Commission? To determine the nature of machinery required for implementation of plan proposals To prepare the annual central budget To define the stage of growth and suggest allocation of resources To make an assessment of the material, capital and human resources of the country 4. Who wrote the book ‘Planned Economy for India’? Mahatma Gandhi Jawaharlal Nehru Sardar Vallabhbhai Patel M. Visvesvaraya 5. The contribution of agriculture to India’s’ economy is: constant decreasing None of these increasing 6. ‘Globalisation of Indian Economy’ means: giving up programmes of import substitution establishing Indian business units abroad having minimum possible restrictions on economic relations with other countries stepping up external borrowings 7. Which one of the following is the task of the Planning Commission? Both (a) and (b) Implementation of the plan Financing of the plan Preparation of the plan 8. The basic feature of the Rolling Plans was that: no financial target except in the term of annual plans was envisaged revision of the achievements, of previous year no physical targets were visualized annual fluctuations in prices and major economic developments could be considered while fixing targets 9. The growth rate of agricultural production was negative in the: First Plan Second Plan Third Plan Fourth Plan 10. The basic difference between imperative and indicative planning is that: in the case of imperative planning, all economic activities belong to public sector, while in the other type they belong to the private sector it is easier to achieve targets in imperative type of planning in the case of indicative planning, there is no need to nationalise any industry in the case of the imperative planning, the market mechanism is entirely replaced by a command hierarchy, while in the case of indicative planning, it is looked upon as a way to improve the functioning of the market system Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related Post navigation SSC economy quiz 3 SSC economy quiz 5
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