1.Who is the Deputy Chairman of Planning Commission?
a) Prime Minister
b) Finance Minister
c) Commerce Minister
d) None of the above
2. The deputy chairman of the Planning Commission:
a) is the Prime Minister
b) is the Planning Minister
c) holds the rank of a cabinet minister
d) is an economist of repute
3. Who was the first Deputy Chairman of Planning Commission of India?
a) Shri Jawaharlal Nehru
b) Dr.Rajendra Prasad
c) Shri V.T.Krishnamachari
d) Shri C.Rajagopalachari
4. The Planning Commission of India:
I. was set up in 1950
II. is a constitutional body
III. is an advisory body
IV. is a government department
a) I and II
b) II and III
c) I and III
d) III only
5. Put in chronological order
1. Constitution of National Planning Committee -by the Indian National Congress under
Jawaharlal Nehru
2. Planned Economy for India by Visvesvaraya published
3. Bombay Plan
4. Setting up of the National Development Council
a) 1, 2, 3, 4
b) 3, 2, 4, 1
c) 2, 3, 1, 4
d) 2, 1, 3, 4
6. Microeconomics is concerned with:
1. behaviour of industrial decision-makers
2. the level of employment
3. changes in the general level of prices
4. determination of prices of goods and services
a) 1 and 2
b) 2 and 3
c) 3 and 4
d) 1 and 4
7. Indicative Planning being pursued in India since the 8th Plan aims at ensuring that:
1. Planning mechanism plays a facilitatory role
2. Planning mechanism brings about a balance between need and supply
3. Planning mechanism concerns itself with optima! utilisation of resources
4. Planning concerns itself with laying down broad directions in which the economy should
move
Choose the correct answer from:
a) 1, 2 and 4
b) 1 and 2
c) 1, 2, 3 and 4
d) 2, 3 and 4
8. Consider the following statements:
1. The highest deciding body for planning in India is the Planning Commission of India.
2. The Secretary of the Planning Commission of India is also the Secretary of National
Development Council
3. The Constitution includes economic and social planning in the Concurrent List in the
Seventh Schedule of the Constitution of India.
Which of the statements given above is/are correct?
a) 1 and 2
b) 2 only
c) 2 and 3
d) 3 only
9. The basic objectives of Indian planning are:
1. economic growth
2. self-reliance
3. employment generation
4. population growth
a) 1, 2 and 4
b) 1, 2 and 3
c) 2 and 3
d) 1, 2, 3 and 4
10. An underdeveloped economy is generally characterised by :
1. Iow per capita income
2. Iow rate of capital formation
3. Iow dependency figure
4. working force largely in the tertiary sector
a) 1 and 2
b) 2 and 3
c) 3 and 4
d) 1 and 4