1.

1. Which of the following could be said to have prevented the ‘trickle down’ effects Indian Economy?.

1. Increased dependence  of  agriculture  on  purchased  inputs  and privately managed irrigation
2. More employment of labour by larger landholding farmers
3. Lowered participation of women in agricultural workforce due to new technology
4. The failure of the Green Revolution

• 1 and 2
• 2 and 3
• 1 and 3
• 2 and 4

2.

1. Which of the following could be said to have prevented the ‘trickle down’ effects Indian Economy?.

1. Increased dependence  of  agriculture  on  purchased  inputs  and privately managed irrigation
2. More employment of labour by larger landholding farmers
3. Lowered participation of women in agricultural workforce due to new technology
4. The failure of the Green Revolution

• 1 and 2
• 2 and 3
• 1 and 3
• 2 and 4

3.

 Which of the following are not correct assessments of the decades of India’s Five-Year Plans?

1. There has been very low capital formation
2. Growth has favoured the better off
3. Production has increased substantially though often falling short of targets
4. The public sector has contributed nothing to economic growth

• 1 and 4
• 2 and 3
• 1, 2 and 3
• 3 and 4

4.

        The Planning Commission of India:

1. was set up in 1950
2. is a constitutional body
3. is an advisory body
4. is a government department
   • I and II
   • II and III
   • I and III
   • 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

• 1 and 2
• 2 and 3
• 3 and 4
• 1 and 4

7.

     Indicative Planning being pursued in India since the 8th Plan aims at ensuring that:

1. Planning mechanism plays a facilitator role
2. Planning mechanism brings about a balance between need and supply
3. Planning mechanism concerns itself with optima! utilization of resources
4. Planning concerns itself with laying down broad directions in which the economy should move

Choose the correct answer from:

• 1, 2 and 4
• 1 and 2
• 1, 2, 3 and 4
• 2, 3 and 4

8.

      Consider the following statements: [IAS 2004]

1. The highest deciding body for planning in India is the Planning Commission of
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

Which of the statements given above is/are correct?

• 1 and 2
• 2 only
• 2 and 3
• 3 only

9.

     The basic objectives of Indian planning are:

1. economic growth
2. self-reliance
3. employment generation
4. population growth
   • 1, 2 and 4
   • 1, 2 and 3
   • 2 and 3
   • 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
   • 1 and 2
   • 2 and 3
   • 3 and 4
   • 1 and 4

11.

    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

• 1 and 3
• 2 and 4
• 1, 2 and 3
• 3 and 4