Economics in TNPSC

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Economics in TNPSC. We covered all the Economics in TNPSC MCQs in this post for free so that you can practice well for the exam.

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Economics in TNPSC Objective for Students

….. got the highest priority during the first plan period in India.

(A) Self-reliance

(B) Growth with social justice

(C) Development of agriculture including irrigation

(D) Removed unemployment

Option c – Development of agriculture including irrigation

Khadi and village industry commission was established in

(A) Third Plan

(B) Fourth Plan

(C) Second Plan

(D) First Plan

Option c – Second Plan

Which plan among the following declared its objective of self-reliance and zero net foreign aid?

(A) Second Five-Year Plan

(B) Third Five-Year Plan

(C) Fourth Five-Year Plan

(D) Fifth Five-Year Plan

Option c – Fourth Five-Year Plan

Consider the following statements regarding Indian Planning. 1. The Second Five-Year Plan emphasized the establishment of heavy industries. 2. The Third Five-Year Plan introduced the concept of import substitution as a strategy for industrialization. Which of the statement(s) given above is/are correct?

(A) Only 1

(B) Only 2

(C) Both 1 and 2

(D) Neither 1 nor 2

Option c – Both 1 and 2

First Five Year Plan was started in

(A) 1951-52

(B) 1956-57

(C) 1961-62

(D) 1966-67

Option a – 1951-52

The Planned Development Model was adopted in India from

(A) 1st April 1951

(B) 15th August 1947

(C) 26th January 1950

(D) 1st May 1965

Option a – 1st April 1951

Which of the following Five Year Plans witnessed the highest growth rate in India?

(A) Eighth Plan

(B) Ninth Plan

(C) Tenth Plan

(D) Eleventh Plan

Option d – Eleventh Plan

In India, the planned economy is based on

(A) Gandhian System

(B) Socialist System

(C) Capitalist System

(D) a Mixed Economy System

Option d – a Mixed Economy System

The Gandhian Plan was expounded in 1944 by

(A) N.R. Sarkar

(B) Kasturi Bhai Lal Bhai

(C) Jai Prakash Narayan

(D) Shriman Narayan Agarwal

Option d – Shriman Narayan Agarwal

Consider the following prerequisites for planning. It is 1. For balanced socioeconomic development. 2. For extending the benefits of development in an even manner. 3. For focusing on the removal of regional disparities. 4. For maximizing the utilization of available resources of these

(A) Only 1 and 2

(B) Only 1, 2 and 3

(C) Only 2, 3 and 4

(D) 1, 2, 3 and 4

Option d – 1, 2, 3 and 4

National Planning Committee was set up by

(A) Jawahar Lal Nehru

(B) A. Dalal

(C) S. Bose

(D) L.B. Shastri

Option c – S. Bose

Which was the final authority in India to approve Five Year Plans?

(A) Union Council of Ministers

(B) Planning Commission

(C) Prime Minister

(D) National Development Council (NDC)

Option d – National Development Council (NDC)

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