SSC economy quiz 4 September 21, 2018 September 21, 2018 Please enter your email: 1. The growth rate of agricultural production was negative in the: Fourth Plan First Plan Second Plan Third Plan 2. Which one of the following is the task of the Planning Commission? Preparation of the plan Implementation of the plan Both (a) and (b) Financing of the plan 3. 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 in the case of indicative planning, there is no need to nationalise any industry it is easier to achieve targets in imperative type of planning 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 4. Dadabhai Naoroji theorised on the drain of wealth from India in his book: Poverty and Un-British Rule in India Poverty of Economic Drain in British India Poverty under British Rule in India Poverty in British Rule in India 5. Which one of the following is NOT with in the duties of the Planning Commission? 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 To determine the nature of machinery required for implementation of plan proposals To prepare the annual central budget 6. The basic feature of the Rolling Plans was that: no physical targets were visualized revision of the achievements, of previous year annual fluctuations in prices and major economic developments could be considered while fixing targets no financial target except in the term of annual plans was envisaged 7. ‘Globalisation of Indian Economy’ means: giving up programmes of import substitution having minimum possible restrictions on economic relations with other countries establishing Indian business units abroad stepping up external borrowings 8. Who wrote the book ‘Planned Economy for India’? M. Visvesvaraya Sardar Vallabhbhai Patel Mahatma Gandhi Jawaharlal Nehru 9. The contribution of agriculture to India’s’ economy is: None of these increasing constant decreasing 10. Which of the following bodies finalises the Five Year Plan proposals Ministry of Planning Union Cabinet National Development Council Planning Commission Loading … Question 1 of 10 Share this:WhatsAppTelegramTweet Related
