SSC economy quiz 4 September 21, 2018 September 21, 2018 Please enter your email: 1. Who wrote the book ‘Planned Economy for India’? Sardar Vallabhbhai Patel Jawaharlal Nehru M. Visvesvaraya Mahatma Gandhi 2. The contribution of agriculture to India’s’ economy is: None of these increasing decreasing constant 3. Which one of the following is the task of the Planning Commission? Preparation of the plan Financing of the plan Implementation of the plan Both (a) and (b) 4. Dadabhai Naoroji theorised on the drain of wealth from India in his book: Poverty in British Rule in India Poverty and Un-British Rule in India Poverty under British Rule in India Poverty of Economic Drain in British India 5. Which one of the following is NOT with in the duties of the Planning Commission? To prepare the annual central budget To make an assessment of the material, capital and human resources of the country To define the stage of growth and suggest allocation of resources To determine the nature of machinery required for implementation of plan proposals 6. The basic feature of the Rolling Plans was that: no physical targets were visualized annual fluctuations in prices and major economic developments could be considered while fixing targets revision of the achievements, of previous year no financial target except in the term of annual plans was envisaged 7. The basic difference between imperative and indicative planning is that: 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 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 8. The growth rate of agricultural production was negative in the: Fourth Plan Third Plan Second Plan First Plan 9. ‘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 10. Which of the following bodies finalises the Five Year Plan proposals Union Cabinet Ministry of Planning National Development Council Planning Commission Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related
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