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Multiple Choice Questions-Economic Planning


Multiple Choice Questions (MCQs)
1) Which of the following planning is executed at the grass root level?
A. Centralized planning
B. Decentralized planning
C. Fixed planning
D. Imperative planning
2) Which of the following plan is also known as rolling plan?
A. First five year plan
B. Second five year plan
C. Sixth five year plan
D. Tenth five year plan
3) Rapid industrialization is the basic objective of
A. Second five year plan
B. Third five year plan
C. Fourth five year plan
D. Fifth five year plan
4) Which of the following period is known as plan holiday?
A. 1969 to 1974
B. 1966 to 1969
C. 1965 to 1968
D. 1961 to 1966
5) Which of the following plan is based on P.C.Mahalnobis?
A. First five year plan
B. Second five year plan
C. Fourth five year plan
D. Fifth five year plan
6) Which type of planning is a blueprint of development over a longer period of time?
A. Centralized planning
B. Decentralized planning
C. Annual planning
D. Perspective planning
7) Which of the following type of planning is also known as soft planning due to minimum rigidity in its structure?
A. Indicative planning
B. Perspective planning
C. Physical planning
D. Financial planning
8) Which of the following planning process used persuasion methods for manipulating the markets in the economy?
A. Planning by inducement
B. Planning by direction
C. Fixed planning
D. Perspective planning
9) Which of the following method is /are used for solving the central problems in mixed economy?
A. Market
B. Planning
C. None of these
D. Both (a) & (b)
10) Planning commission was established as ------------- on -------------------.
A. Non-constitutional body, 15th march 1950
B. Constitutional body, 15th march 1950
C. Non statutory body, 15th march 1951
D. Statutory body, 15th march 1951

Answers -:
1. B
2. C
3. A
4. B
5. B
6. D
7. A
8. A
9. D
10. A
A. Multiple Choice Questions
 1) Planning technique is used firstly in ……………. country for economic development.
 a) Russia
b) England
c) America
d) India
2) In----------- planning, the market is manipulated through incentives and inducements.
 a) Physical planning
b) Indicative planning
 c) Financial planning
d) Emergency planning
3) The long-term plans are known as
a) Annual plans
b) Flexible plans
c) Comprehensive plans
d) Perspective plans
4) CBA as a technique of project evaluation was first proposed in 1844 by
a) Arthur Lewis
b) M. N. Roy
c) Dupuit
d) A. K. Sen
5) --------------is combination of free market and command economy.
a) Mixed Economy
b) Centralized economy
c) planned economy
d) open economy
6) The planning which is aimed at bringing changes in socioeconomic set-up of a country is
a) Functional
b) Comprehensive
c) National
d) Structural planning.
7) In India the planning started during the year—————-
a) 1951
b) 1947
c) 1991
d) 1961
8) The Planning Commission was set up by Indian Congress under the Chairmanship of...............
 a) Sir. Vishveshvaryya
b) Pandit Jawaharlal Nehru
c) M. Gandhi
d) Tata Birla
9) Indian Planning Commission drafted First Five Year Plan in ...........
a) March 1950
b) July 1951
c) June 1955
d) January 1944
10) The Planning Commission was established in ...............
a) 17 July 1949
b) 15 March 1950
c) 15 June 1934
d)15 August 1945
11) The ..............is the Chairman of the Planning Commission.
a) President
b) Prime Minister
c) Chief-Minister
d) State Governor
12) _________ has first used the method of project evaluation for development plans in India.
a) Prof Mahalnobis
b) Prof Raj
c) D. R. Gadgil
d) Dr. Ram Narayan.
13) Economic Planning is in
a) Union list
b) state list
c) Concurrent list
d) None of these
14) The author of “Indian Economic Planning in its broader setting”
a) Bimal Jalal
b) Gunnar Mydral
c) Jawaharlal Nehru
d) L. K. Jha
15) ‘Planning from Below’ is
a) Decentralized
b) Centralized
c) Totalitarian
d) Structural

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