Explore topic-wise MCQs in Economics.

This section includes 2369 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.

151.

The ex-officio secretary of the National Development Council is-

A. Secretary of the Ministry of Finance
B. planning commission secretary
C. Secretary General of Lok Sabha
D. Deputy Chairman of the Planning Commission
Answer» C. Secretary General of Lok Sabha
152.

In which year was the National Development Council formed?

A. in 1947
B. in 1948
C. in the 1950s
D. in 1952
Answer» E.
153.

The National Development Council does not include-

A. chief ministers of states
B. member of planning commission
C. member of finance commission
D. Prime minister
Answer» D. Prime minister
154.

National Development Council is related to-

A. implementation of state plans
B. Appraisal and approval of major development plans in India
C. approval of five year plans
D. implementing community development programs
Answer» D. implementing community development programs
155.

The correct statement regarding Finance Commission is-

A. It is a constitutional body
B. It was constituted under the constitution. done under 280
C. Vijay Kelkar is the chairman of 13th Finance Commission
D. all of the suitable
Answer» E.
156.

The chairman of the National Development Council is-

A. Prime minister
B. Vice President
C. Finance Minister
D. planning minister
Answer» B. Vice President
157.

The number of members of the Planning Commission is -

A. 12 ,
B. 13 ,
C. 11 ,
D. Government's wish
Answer» E.
158.

The Deputy Chairman of the first Planning Commission was-

A. Jawaharlal Nehru
B. Jagjivan Ram
C. Gulzari Lal Nanda
D. R. K. Shanmukham Shetty
Answer» D. R. K. Shanmukham Shetty
159.

Planning commission was set up by -

A. by issuing an ordinance by the President
B. making a law by parliament
C. By passing a special resolution by the Federal Council of Ministers
D. none of the suitable
Answer» D. none of the suitable
160.

The Deputy Chairman of the Planning Commission is accorded the status of importance in the order of priority of the Government of India

A. Similar to Cabinet Minister of the Government of India
B. like a Supreme Court judge
C. Similar to the Chairman of the Parliamentary Committee
D. Secretary to the Government of India
Answer» B. like a Supreme Court judge
161.

Which statement is correct about the Planning Commission of India?

A. There is no mention of planning commission in the constitution.
B. Its members and vice-president have no fixed tenure.
C. There are no fixed qualifications for its members.
D. all of the suitable
Answer» E.
162.

Planning Commission is a -

A. A body constituted by the Constitution
B. A body constituted by Parliamentary Legislature
C. a body constituted by the central government
D. none of these
Answer» C. a body constituted by the central government
163.

How many times plan holiday has come in India during the planning period?

A. 2 ,
B. 3 ,
C. 4 ,
D. 5 ,
Answer» C. 4 ,
164.

In the context of the Five Year Plan of India, under the change in the structure of industrialization, reducing the importance of heavy industry, the emphasis on infrastructure was started with which plan?

A. fourth plan
B. Sixth Plan
C. Eighth Plan
D. in the eleventh plan
Answer» E.
165.

Which one of the following does not include inclusive development as envisaged in the Eleventh Five Year Plan?

A. poverty reduction
B. expanding employment opportunities
C. empowering the capital market
D. reducing gender inequality
Answer» D. reducing gender inequality
166.

Whose main objective was self-reliance?

A. fourth plan
B. seventh plan
C. third plan
D. Sixth Plan
Answer» C. third plan
167.

Which decade of the Indian planning period is considered the most successful in terms of agricultural production?

A. 1950s
B. 1960s
C. 1970s
D. 1980s
Answer» E.
168.

The target of creating how many new employment opportunities was set during the Eleventh Five Year Plan period?

A. 4 crore
B. 50 million
C. 7 crore
D. 100 million
Answer» D. 100 million
169.

In which five year plan India's agricultural growth rate has been highest?

A. ninth five year plan
B. tenth five year plan
C. fourth five year plan
D. third five year plan
Answer» D. third five year plan
170.

In which year India's economic growth rate was lowest during the tenth five year plan (2002-07)?

A. 2003 - 04
B. 2004 - 05
C. 2005 - 06
D. 2006 - 07
Answer» E.
171.

The priority areas of the Ninth Plan were –

A. create enough productive jobs
B. Accelerating the pace of economic development while maintaining stability in values
C. development with equitable distribution and equity
D. all of which
Answer» E.
172.

In the Ninth Five Year Plan the priority was given to –

A. equitable distribution and development
B. rural Development
C. industrial development
D. traffic development
Answer» B. rural Development
173.

In which year community development program was started?

A. 1950 ,
B. 1952 ,
C. 1951 ,
D. 1953 ,
Answer» C. 1951 ,
174.

Which of the following five year plan is not correct?

A. First - 1951 - 56
B. II - 1956 - 61
C. III - 1961 - 66
D. IV - 1966' - 71
Answer» E.
175.

The period of tenth five year plan was

A. 2000 - 05
B. 2001 - 06
C. 2002 - 07
D. 2003 - 08
Answer» D. 2003 - 08
176.

During the tenth five year plan (2002 - 07) in which year was the economic growth rate highest in India?

A. 2002 - 03
B. 2004 - 05
C. 2005 - 06
D. 2003 - 04
Answer» B. 2004 - 05
177.

The period of the Ninth Five Year Plan was

A. 1st April, 1997 to 31st March, 2002
B. 1st April, 1999 to 31st March, 2004
C. January 1, 1997 to March 31, 2002
D. January 1, 1999 to March 31, 2004
Answer» B. 1st April, 1999 to 31st March, 2004
178.

Who was the five year plan, which was drafted by the four governments in their own way?

A. fourth
B. fifth
C. seventh
D. eighth
Answer» E.
179.

Under whose direction was the new draft of the Eighth Five Year Plan prepared?

A. Mohan Dharia
B. Pranab Mukherjee
C. Subramaniam Swamy
D. Kamal Morarka
Answer» C. Subramaniam Swamy
180.

The National Bank for Agriculture and Rural Development was established during which five year plan?

A. fourth
B. fifth
C. Sixth
D. eighth
Answer» D. eighth
181.

In which of the following five year plan the rate of economic growth exceeded its target?

A. fourth
B. fifth
C. eighth
D. ninth
Answer» D. ninth
182.

In which five year plan the maximum emphasis was laid on electricity generation as a percentage of the plan outlay?

A. third
B. fourth
C. fifth
D. Sixth
Answer» E.
183.

Who is credited with drafting the Seventh Five Year Plan?

A. V. P . Lion
B. Chandrashekhar
C. Madhulimaye
D. Ramakrishna Hegde
Answer» E.
184.

The period of the Seventh Five Year Plan was

A. 1987 - 92
B. 1986 - 91
C. 1985 - 90
D. 1988 - 94
Answer» D. 1988 - 94
185.

Under which five year plan was the sloganGovernment Hataogiven in India?

A. second
B. third
C. fifth
D. ninth
Answer» D. ninth
186.

Who prepared the Accessory Letter for the Fifth Five Year Plan?

A. b. N. gadgil
B. Ashok Mehta
C. D . P . hold
D. Amartya Sen
Answer» D. Amartya Sen
187.

The Fourth Five Year Plan (1969-74) is called-

A. Indira Yojana
B. Mehta Scheme
C. Gadgil Scheme
D. Kamaraj Scheme
Answer» D. Kamaraj Scheme
188.

Which of the following Five Year Plans was declared over one year before the completion of its period?

A. second
B. third
C. fifth
D. eighth
Answer» C. fifth
189.

One of the two main objectives of the Fifth Five Year Plan was poverty alleviation while the other main objective was –

A. development with sustainability
B. attainment of independence
C. equitable distribution of development benefits
D. Equal distribution of income and assets
Answer» C. equitable distribution of development benefits
190.

The main objective of the fifth five year plan was –

A. poverty alleviation
B. economic independence
C. both suitable
D. none of these
Answer» D. none of these
191.

In which five year plan the concepts of minimum needs anddirected anti-poverty programwere included in India?

A. fourth
B. fifth
C. Sixth
D. seventh
Answer» C. Sixth
192.

In which five year plan the Minimum Needs Program was started?

A. third
B. fourth
C. fifth
D. Sixth
Answer» D. Sixth
193.

During which five year plan period did the government formulate the agricultural policy which gave birth to the Green Revolution?

A. second plan
B. third plan
C. fourth plan
D. fifth plan
Answer» C. fourth plan
194.

The objective of self-sustaining development in India was first adopted by -

A. in the third plan
B. in the fifth plan
C. in the fourth plan
D. in the sixth plan
Answer» B. in the fifth plan
195.

Which five year plan of India shifted its priority from development to defense?

A. third
B. fourth
C. fifth
D. Sixth
Answer» B. fourth
196.

The development of which sector was given the most emphasis in the strategy of the Third Five Year Plan?

A. Agriculture
B. Industry
C. job creation
D. Infrastructure
Answer» B. Industry
197.

The main objective of the third five year plan was

A. self-sustaining development
B. poor elimination
C. establishment of socialism
D. employment oriented development
Answer» B. poor elimination
198.

During which five year plan period the Bharat Sahayata Club was established?

A. Second
B. third
C. IV
D. fifth
Answer» B. third
199.

Which is considered the most unsuccessful plan of India in the history of five year plan?

A. second plan
B. third plan
C. fourth plan
D. fifth plan
Answer» C. fourth plan
200.

The main objective of which five year plan was economic self-reliance?

A. First
B. Second
C. third
D. IV
Answer» E.