1. Self-reliance in the economic context implies that a country:
1. meets its demands for all goods and services from its domestic production
2. exports some of its goods but does not need to import anything
3. has sufficient foreign exchange reserves to buy all its needs
4. meets its demand for certain vital goods and services from its domestic production
a) 1 and 3
b) 2 and 4
c) 1, 2 and 3
d) 3 and 4
2. Which of the following gives an accurate measurement of economic development
through Five Year Plans?
a) Development of education and health services
b) Development of railways and roadways
c) Rise in national income and per capita income
d) Development of industrial towns and industrial estates
3. in India, the Public Sector is most dominant in :
a) transport
b) steel production
c) commercial banking
d) organised term-lending financial institutions
4. The first attempt to initiate economic planning in India was made by
a) Balwantrai Mehta
b) Vallabhbhai Patel
c) M. Visvesvaraya
d) Jawaharlal Nehru
5. The decentralisation system was recommended by :
a) C.Rajagopalachari
b) J.B. Kripalan
c) Balwant Rai Mehta
d) Ashok Mehta
6. Match the following. :
A. First Plan 1. Rapid industrialisation
B. Second Plan 2. Community Development Programme
C. Third Plan 3. Expansion of basic industries
D. Fourth Plan 4. Minimum Needs Programme
E. Fifth Plan 5. Achievement of self-reliance and growth with stability
A B C D E
a) 1 2 3 4 5
b) 2 1 3 5 4
c) 2 1 3 4 5
d) 2 1 4 5 3
7. The main objective of First Five-year Plan was:
a) industrial growth
b) economic growth
c) development of agriculture including irrigation and power projects
d) self-reliance
8. India had a plan holiday:
a) after the China-India War of 1962
b) after the drought of 1966
c) after the liberation of Bangladesh in 1971
d) after the India-Pakistan War in 1965
9. Rolling plan was designed for the period:
a) 1978-83
b) 1980-85
c) 1985-90
d) 1974-97
10. The strategy of Rolling plan was adopted during the Prime Ministership of:
a) Lal Bahadur Shastri
b) Indira Gandhi
c) Morarji Desai
d) Rajiv Gandhi