MCQ for test-7-3-december-2023

Consider the following Statements:

1. For the first eight plans, the emphasis was on a growing public sector with massive investments in basic and heavy industries.

2. Introduction of fiscal & economic reforms including liberalisation, privitisation and globalisation happened in the 8th Five year plan.

Which of the statements given above is/are correct?

Consider the following statements:

1. The Second Five-year plan emphasized on the establishment of heavy industries.

2. The Third Five-year plan could not achieve the target of growth rate due the Indo-China & Indo-Pak wars.

Which of the statements given above is/are correct?

Consider the following statements:

1. Planning Commission was set up by Cabinet Resolution in 1950.

2. Origin of the Planning Commission was inspired from the erstwhile USSR.

Which of the statements given above is/are correct?

Consider the following statements regarding Planning Commission:

1. It had both part-time and full-time members.

2. It was chaired by the finance minister.

Which of the statements given above is/are incorrect?

Consider the following statement regarding the function of Planning Commission:

1. Prepare a Plan for the most balanced and effective use of the national resources

2. Identify the elements that hinder economic expansion

3. Routinely evaluate the improvement acquired in the undertaking of all phases of the Plan.

How many of the above were functions of Planning Commission?

Consider the following Statements regarding composition of NITI Aayog:

1. Prime Minister is Chairperson of NITI Aayog.

2. CEO is appointed by Prime Minister for fixed tenure.

Which of the statements given above is/are correct?

Consider the following statements regarding the objectives of NITI Aayog:

1. Fostering Cooperative Federalism, active involvement of States.

2. Feedback for constant innovative improvements.

3. Creating a Knowledge, Innovation and Entrepreneurial support system.

How many of the above are the objectives of NITI Aayog?

Consider the following statements:

1. Kharif season supports the cultivation of tropical crops.

2. Rabi crops require less amount of water for growth.

3. Zaid crops includes seasonal fruits and fodder crops.

How many of the above statements are correct?

With reference to Green Revolution, consider the following statements:

1. The Green Revolution played a pivotal role in extending rice and wheat cultivation beyond their traditional regions.

2. It led to deforestation in some parts of India.

Which of the statements given above is/are correct?

Consider the following statements:

1. The nature of economic movement in India has been from an agrarian economy to a service economy.
2. Shortage of skilled labour and infrastructure deficiencies are major challenges faced by manufacturing sector.

Which of the statements given above is/are correct?