Basics GK 125+ MCQs on Indian Economy
31. Planning in India derivers its objectives from:
a. Fundamental rights
b. Fundamental duties
c. Preamble
d. Directive principles of state policy.
Ans. Option : D
32. Economic planning is a subject in:
a. Concurrent list
b. State list
c. Union list
d. Special list
Ans. Option : A
33. The contribution of Indian agricultural sector is :
a. Increasing
b. Decreasing
c. Constant
d. None of there
Ans. Option : B
34. The concept of Five year plan was introduced by :
a. Morarji Desai
b. Lal Bahadur Shastri
c. Jawaharlal Nehru
d. Indira Gandhi
Ans. Option : C
35. The strategy of rolling plan was adopted by:
a. Jawaharlal Nehru
b. Morarji Desai
c. Rajeev Gandhi
d. Narendra Modi
Ans. Option : B
36. The total expenditure for agriculture was the highest in which five year plan
a. Fourth five year plan
b. Third five year plan
c. Second five year plan
d. First five year plan
Ans. Option : A
37. The first chairman of planning commission:
a. Sardar Vallabhai Pattel
b. Indira Gandhi
c. Dr. Rajendra Prasad
d. Jawaharlal Nehru
Ans. Option : D
38. The growth rate of agricultural sector was negative in
a. 1st Plan
b. 2nd Plan
c. 3rd Plan
d. All the above
Ans. Option : C
39. Globalization of Indian Economy means:
a. Increasing External borrowing
b. Larger FDI
c. Import Substitution
d. Minimum possible restrictions on economic relation with other countries.
Ans. Option : D
40. National development council was stated in
a. 1948
b. 1949
c. 1951
d. 1952
Ans. Option : D
