Questions and answers for exam Preparation

MCQs

Total Questions : 376 | Page 2 of 38 pages

Question 11. Consider the following statements:

The state sets broad parameters and goals for the economy.

The targets to be achieved are broadly set by the state.

The plan is made for a specific time period of about 15 years.

Which of the statements given above is/are correct about the Indicative planning?

1 and 2
1 and 3
1, 2 and 3
only 1

Discuss Question

Answer: Option A. -> 1 and 2
Answer: (a)
Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in the market and mixed economies in order to increase economic performance.
Regarding indicative planning, the state sets broad parameters and goals for the economy and the targets to be achieved are broadly set by the state.

Question 12. Match the following:
List I
List II
(Year of starting)
(Name of the programme)
I. 1971-72
a. Pilot Intensive Rural Employment
II. 1972-73
b. Crash Scheme for Rural Employment
III. 1973-74
c. Food for work Programme
IV. 1977-78
d. Drought Prove Areas Programme
Codes: I II III IV

I-a, II-b, III-c, III-d
I-d, II-c, III-b, IV-a
I-b, II-a, III-d, IV-c
I-a, II-d, III-a, IV-b

Discuss Question

Answer: Option C. -> I-b, II-a, III-d, IV-c
Answer: (c)

Question 13. Which one of the following is correct about the Twelfth Five Year Plan recently approved by the Indian Government?

12th Five Year Plan aims to grow GDP at the rate of 10%.
12th Five Year Plan aims to sustain the inclusive growth which started in 11th plan.
12th Five Year Plan of Indian Economy is from 2011 to 2016.
Both (b) and (c) are correct about the 12th Five Year Plan.

Discuss Question

Answer: Option B. -> 12th Five Year Plan aims to sustain the inclusive growth which started in 11th plan.
Answer: (b)
The Twelfth Five Year Plan approved by the government aims to sustain inclusive growth which started in the 11th plan.
12th Five Year Plan is from 2012 to 2017 and it aims to grow GDP at the rate of 9%.

Question 14. Who among the following constitute the National Development Councils?

The Prime Minister of India
The Leader of Opposition
Minister of Union Cabinet
Chief Minister of the States

Select the correct answer using the given code below.

1 and 2 only
1, 3 and 4 only
1, 2, 3 and 4
1, 2 and 3 only

Discuss Question

Answer: Option B. -> 1, 3 and 4 only
Answer: (b)

Question 15. The core concept of the Eleventh Five Year Plan was

Faster and more inclusive growth
Human Resource Development
Human well being
Growth with social justice and equality

Discuss Question

Answer: Option D. -> Growth with social justice and equality
Answer: (d)

Question 16. Which ofthe following can aid in furthering the Government’s objective of inclusive growth ?

Promoting Self-Help Groups.

Promoting Micro Small and Medium Enterprises.

Implementing the Right to Education Act.

Select the correct answer using the codes given below:

1 only
2 and 3
1 and 2
1, 2 and 3

Discuss Question

Answer: Option D. -> 1, 2 and 3
Answer: (d)
The concept of inclusive growth is based on both the economic and social empowerment of ordinary and underprivileged individuals.
Thus all the statements are correct.

Question 17. Sustainable development is a case of intergenerational sensibility in respect of use of

industrial resources
material resources
natural resources
social resources

Discuss Question

Answer: Option C. -> natural resources
Answer: (c)
Sustainable development is that development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Sustainable development is a case of inter-generational sensibility in respect of the use of natural resources.

Question 18. Who among the following is not made a special invitee to the Niti Aayog?

Smriti Irani
Nitin Gadkari
Arun Jaitley
Thawar Chand Gehlot

Discuss Question

Answer: Option C. -> Arun Jaitley
Answer: (c)Roads and National Highway Minister Nitin Gadkari, Human Resource Development Minister Smriti Irani and Social Justice and Empowerment Minister Thawar Chand Gehlot were made special invitees to the Niti Aayog.

Question 19. Consider the following statements :

Jawahar Rozgar Yojana was launched in the Seventh Five Year Plan.

Small-scale and food processing industries were given new impetus in Seventh Five Year Plan.

Which of the statements given above is/are correct?

2 only
Both 1 and 2
1 only
Neither 1 nor 2

Discuss Question

Answer: Option B. -> Both 1 and 2
Answer: (b)
Jawahar Rozgar Yojna was launched on April 1, 1989, by merging National Rural Employment Program (NREP) and Rural Landless Employment Guarantee Programme (RLEGP).
In Seventh Five Year Plan the small-scale and food processing industries were given new impetus as the plan laid stress on improving the productivity level of industries by upgrading technology.

Question 20. With reference to “Aam Admi Bima Yojana’’, consider the following statements

The member insured under the scheme must be the head of the family or an earning member of the family in a rural landless house-hold.
The member insured must be in the age group of 30 to 65 years.
There is a provision for free scholarship for upto two children of the insured who are studying between classes 9 and 12.

Which of the statements given above is/are correct?

1 only
1 and 3
2 and 3
1, 2 and 3

Discuss Question

Answer: Option B. -> 1 and 3
Answer: (b)The statements 1st and 3rd are correct, but 2nd statement is wrong because, the member should be aged between 18 and 59 years not 30 and 65 years.