Important MCQs on First Five Year Plan PDF

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    Important mcqs on First Five Year Plan PDF for Students

    The “Plan of Economic Development for India” is commonly referred to as

    a) Bombay Plan

    b) Gujarat Plan

    c) Delhi Plan

    d) Surat Plan

    Option d – Bombay Plan

    Which Indian Five-Year Plan failed to commence in 1990 because of the rapidly changing political situation at the Centre?

    a) Ninth

    b) Sixth

    c) Seventh

    d) Eighth

    Option d – Eighth

    In Indian economic planning, the Bombay Plan was issued in how many separate parts?

    a) 3

    b) 5

    c) 4

    d) 2

    Option d – 2

    What was the intended growth rate for India’s First Five-Year Plan?

    a) 1.1%

    b) 4.1%

    c) 3.1%

    d) 2.1%

    Option d – 2.1%

    The primary objective of rapid industrial growth was emphasized in which Five-Year Plan?

    a) Second

    b) First

    c) Fourth

    d) Third

    Option a – Second

    Which Five-Year Plan is popularly known as the “Mahalanobis Plan”?

    a) Fourth

    b) First

    c) Third

    d) Second

    Option d – Second

    The Rolling Plan during India’s Five-Year Plan era covered which time span?

    a) 1968–70

    b) 1978–80

    c) 1975–78

    d) 1971–73

    Option b – 1978–80

    In 1944, several leading industrialists drafted a joint proposal for a planned Economy in India. This became famous as which plan?

    a) Bombay Plan

    b) New Delhi Plan

    c) Agra Plan

    d) Pune Plan

    Option a – Bombay Plan

    Regarding the Ninth Five-Year Plan of India, which option is accurate?

    a) It aimed for growth with Social justice and equality.

    b) Its duration was from 1997 to 2002.

    c) Both I and II

    d) Neither I nor II

    Option c – Both I and II

    The Sixth Five-Year Plan covered which period?

    a) 1980–1985

    b) 1992–1997

    c) 1974–1979

    d) 1985–1990

    Option a – 1980–1985

    The growth targets of the Fourth Five-Year Plan were SET in relation to

    a) Gross Domestic Product

    b) NET Domestic Product

    c) National Income

    d) Gross National Product

    Option b – NET Domestic Product

    The “Gadgil Formula,” introduced in the Fourth Plan, distributed plan assistance to states based on

    a) Area and literacy rate

    b) Agricultural production and exports

    c) Population and per capita Income

    d) Industrial output and trade balance

    Option c – Population and per capita Income

    Which body was responsible for formulating and overseeing India’s Five-Year Plans?

    a) Sectional Commission

    b) Senior Commission

    c) Planning Commission

    d) Annual Commission

    Option c – Planning Commission

    After Independence, India launched its First Five-Year Plan in 1951 guided by which ideology?

    a) Capitalist

    b) Anarchism

    c) Socialist

    d) Authoritarian Capitalism

    Option c – Socialist

    At the conclusion of which Five-Year Plan were five IITs established in India?

    a) First

    b) Fourth

    c) Second

    d) Third

    Option a – First

    What was the duration of India’s Eleventh Five-Year Plan?

    a) 2009–2014

    b) 2010–2015

    c) 2008–2013

    d) 2007–2012

    Option d – 2007–2012

    The Eighth Five-Year Plan was officially launched in which year after initiating structural adjustment policies?

    a) 1989

    b) 1991

    c) 1990

    d) 1992

    Option d – 1992

    Which statement about India’s Tenth Five-Year Plan is correct?

    a) India became one of the fastest-growing economies by the plan’s end.

    b) It SET measurable targets for key development indicators.

    c) Both I and II

    d) Neither I nor II

    Option c – Both I and II

    The Tenth Five-Year Plan targeted a reduction in poverty of

    a) 8%

    b) 5%

    c) 2%

    d) 9%

    Option b – 5%

    Identify the incorrect statement below.

    a) The Planning Commission of India was formed in 1950.

    b) Eminent economists from India and abroad advised during the First Plan period.

    c) India adopted the concept of Five-Year Plans from the former Soviet Union.

    d) The Prime Minister served as the Chairperson of the Planning Commission

    Option b – Eminent economists from India and abroad advised during the First Plan period.

    How many industries were included in Schedule A of the Industrial Policy of 1956?

    A) 7

    B) 17

    C) 16

    D) 12

    Option b – 17

    Under the Industrial Policy Resolution of 1948, which sector was not a monopoly of the Central Government?

    A) Iron and Steel

    B) Atomic energy

    C) Arms and Ammunition

    D) Railways

    Option a – Iron and Steel

    In the context of trade and industry, what is the full form of “DPIIT”?

    A) Development and Promotion of Industry and Internal Trade

    B) Department for Promotion of Industry and Internal Trade

    C) Development and Promotion of Industry and International Trade

    D) Department for Promotion of Industry and International Trade

    Option b – Department for Promotion of Industry and Internal Trade

    According to the Industrial Policy Resolution of 1956, industries in India were grouped into how many categories?

    A) 5

    B) 3

    C) 2

    D) 4

    Option b – 3

    Which Industrial Policy is considered the starting point of liberalisation by easing restrictions on private enterprises?

    A) Industrial Policy 1991

    B) Industrial Policy 1980

    C) Industrial Policy 1956

    D) Industrial Policy 1977

    Option a – Industrial Policy 1991

    Which document sets out the framework, rules, and guidelines for establishing public and private industries in India?

    A) Company’s Financial Statement

    B) Annual Report of the Trade Union

    C) Union Budget

    D) Industrial Policy

    Option d – Industrial Policy

    What were the major hurdles to industrial growth in India at the time of independence?

    A) Availability of land for industrial projects

    B) Adequate industrial workforce

    C) Market for industrial goods

    D) Capital investment for industries

    Option d – Capital investment for industries

    The Second Five-Year Plan primarily aimed at:

    A) Creating a self-reliant Economy with focus on Agriculture

    B) Accelerating industrialisation with emphasis on basic and heavy industries

    C) Eradicating poverty and achieving self-reliance

    D) Boosting Food-grain output and expanding employment opportunities

    Option b – Accelerating industrialisation with emphasis on basic and heavy industries

    The Twelfth Five-Year Plan focused on:

    A) Sustainable and Inclusive Growth

    B) Social Justice and Equality

    C) Food, work and Productivity

    D) Attainment of Self-reliance

    Option a – Sustainable and Inclusive Growth

    The concept of economic planning in independent India was inspired by:

    A) The Bombay Plan

    B) Peasant movements

    C) Workers’ union demands

    D) Gandhian economic vision

    Option a – The Bombay Plan

    Arrange the following events in the correct chronological order: 1. Establishment of the Planning Commission 2. Formation of the National Development Council (NDC) 3. Approval of the First Five-Year Plan by the NDC 4. Constitution of the National Planning Committee

      A) 2 – 1 – 3 – 4

      B) 1 – 2 – 3 – 4

      C) 4 – 1 – 2 – 3

      D) 1 – 4 – 2 – 3

      Option c – 4 – 1 – 2 – 3

      During which plan was the percentage allocation for Agriculture and irrigation the highest?

      A) Third Five-Year Plan

      B) Seventh Five-Year Plan

      C) Second Five-Year Plan

      D) First Five-Year Plan

      Option d – First Five-Year Plan

      Who is regarded as the chief architect of India’s planning process?

      A) V.K.R.V. Rao

      B) Sukhamoy Chakravarty

      C) P.C. Mahalanobis

      D) John Mathai

      Option c – P.C. Mahalanobis

      Which of the following statements about the objectives of the Second Five-Year Plan is incorrect?

      A) Development of the basic and heavy industry sector

      B) Raising National Income to improve living standards

      C) Expansion of the consumer goods sector

      D) Generation of employment opportunities

      Option c – Expansion of the consumer goods sector

      The Planning Commission in the 1950s was SET up to: 1. Enhance production and provide employment opportunities 2. Assess the country’s available resources. Select the correct answer:

      A) 1 only

        B) 2 only

        C) Both 1 and 2

        D) Neither 1 nor 2

        Option c – Both 1 and 2

        Which of the following statements about India’s Five-Year Plans are accurate? 1. The First and Ninth Plans gave high priority to Agriculture 2. The Third Plan followed the Harrod–Domar growth model 3. The Seventh Plan stressed Food, work, and productivity 4. The Ninth Plan emphasised heavy investment in the public sector. Select the correct answer:

        A) 1 only

          B) 1 and 3

          C) 1, 2 and 4

          D) 3 and 4

          Option b – 1 and 3

          Before the launch of the First Five-Year Plan, which of these plans were proposed in India? 1. Bombay Plan 2. People’s Plan 3. Sarvodaya Plan 4. Gandhian Plan. Select the correct answer:

          A) 1 and 2 only

            B) 1 and 3 only

            C) 1, 2, 3 and 4

            D) 3 and 4 only

            Option c – 1, 2, 3 and 4

            In which Five-Year Plan were the goals of poverty removal (Garibi Hatao) and self-reliance first introduced?

            A) Seventh Five-Year Plan

            B) Eighth Five-Year Plan

            C) Sixth Five-Year Plan

            D) Fifth Five-Year Plan

            Option d – Fifth Five-Year Plan

            During the Second Five-Year Plan, how many integrated steel plants were SET up with foreign assistance?

            A) 5

            B) 3

            C) 6

            D) 4

            Option b – 3

            Before which Five-Year Plan did India implement structural adjustment policies?

            A) Seventh Five-Year Plan

            B) Eighth Five-Year Plan

            C) Ninth Five-Year Plan

            D) Sixth Five-Year Plan

            Option b – Eighth Five-Year Plan

            Which of the following was not a factor behind the failure of the Third Five-Year Plan?

            A) Chinese aggression

            B) Indo-Pak war

            C) Change of government

            D) Severe drought

            Option c – Change of government

            What was the time span of the Twelfth Five-Year Plan?

            A) 1987–1992

            B) 2007–2012

            C) 1990–1995

            D) 2012–2017

            Option d – 2012–2017

            The Five-Year Plans also SET goals to be achieved over two decades. What was this long-term strategy called?

            A) Two-decade plan

            B) Perpetual plan

            C) Perspective plan

            D) Twenty-year plan

            Option c – Perspective plan

            After the Seventh Five-Year Plan, during which period did the government declare a “plan holiday”?

            A) 1989–1991

            B) 1990–1992

            C) 1992–1993

            D) 1991–1993

            Option b – 1990–1992

            Which Indian Five-Year Plan followed the Harrod–Domar growth model?

            A) Fourth Five-Year Plan

            B) Third Five-Year Plan

            C) First Five-Year Plan

            D) Second Five-Year Plan

            Option c – First Five-Year Plan

            After which Five-Year Plan was the public sector given less importance?

            A) Seventh Plan

            B) Ninth Plan

            C) Eighth Plan

            D) Eleventh Plan

            Option c – Eighth Plan

            Which of the following was not an agricultural reform introduced during the Five-Year Plans?

            A) “Land to the tiller” policy

            B) Land Ceiling Act

            C) High-yielding variety seed Technology

            D) Formation of the Rent Authority Department

            Option d – Formation of the Rent Authority Department

            The global financial crisis coincided with which Indian Five-Year Plan?

            A) Ninth Five-Year Plan

            B) Tenth Five-Year Plan

            C) Twelfth Five-Year Plan

            D) Eleventh Five-Year Plan

            Option d – Eleventh Five-Year Plan

            Which was not a reason for the public sector’s dominant role in India’s early industrialisation?

            A) Low public savings

            B) Aim to curb excessive private profit

            C) Lack of capital with private industrialists

            D) Absence of a large market for industrial output

            Option b – Aim to curb excessive private profit

            The era of Five-Year Plans in India began with the creation of which organisation?

            A) Parliament

            B) NITI Aayog

            C) Planning Commission

            D) finance Commission

            Option c – Planning Commission

            Why is P.C. Mahalanobis notable in relation to India’s Five-Year Plans?

            A) Chaired the Planning Commission

            B) Founded the Institute of Economic Growth

            C) Designed the Second Five-Year Plan framework

            D) Served as finance Minister during the First Five-Year Plan

            Option c – Designed the Second Five-Year Plan framework

            Which Five-Year Plan focused on rapid growth of Food grain production?

            A) Seventh Five-Year Plan

            B) Eighth Five-Year Plan

            C) Sixth Five-Year Plan

            D) Fifth Five-Year Plan

            Option a – Seventh Five-Year Plan

            In which Five-Year Plan was the statement made: “The drive to achieve economic and Social change stems from the realities of poverty and inequality in Income, wealth, and opportunity”?

            A) Second Five-Year Plan

            B) Fourth Five-Year Plan

            C) Third Five-Year Plan

            D) First Five-Year Plan

            Option d – First Five-Year Plan

            What were the primary objectives of India’s Five-Year Plans?

            A) Industrialisation, urbanisation, development, and self-reliance

            B) Poverty reduction, urbanisation, self-sufficiency, and modernisation

            C) Social welfare, self-sufficiency, equity, and industrial development

            D) Growth, modernisation, self-reliance, and equity

            Option d – Growth, modernisation, self-reliance, and equity

            “Growth with stability and progressive self-reliance” was the goal of which Five-Year Plan?

            A) Fifth Plan

            B) Third Plan

            C) Fourth Plan

            D) Second Plan

            Option c – Fourth Plan

            What were the actual growth rates of the Ninth and Tenth Five-Year Plans respectively?

            A) 7.2% and 7.6%

            B) 5.4% and 7.6%

            C) 7.2% and 8.4%

            D) 6.5% and 8.1%

            Option b – 5.4% and 7.6%

            Which of the following is not an aim of India’s Five-Year Plans?

            A) High Population growth

            B) High GDP growth

            C) Equal benefits for all citizens

            D) Self-reliance

            Option a – High Population growth

            Which Five-Year Plan in India was regarded as a complete failure?

            A) Seventh Five-Year Plan

            B) Sixth Five-Year Plan

            C) First Five-Year Plan

            D) Third Five-Year Plan

            Option d – Third Five-Year Plan

            Which statements about India’s First Five-Year Plan are correct? I. It was designed using the P.C. Mahalanobis model. II. It focused on agricultural growth. III. The model was inspired by Russia.

            A) I, II and III

            B) Only I and III

            C) Only II and III

            D) Only I and II

            Option c – Only II and III

            Which Five-Year Plan aimed to make India a “self-reliant” and “self-generating” Economy?

            A) First Five-Year Plan

            B) Third Five-Year Plan

            C) Fourth Five-Year Plan

            D) Second Five-Year Plan

            Option b – Third Five-Year Plan

            Implementation of Family Planning Programmes was a key goal of which Five-Year Plan?

            A) Sixth Five-Year Plan

            B) Seventh Five-Year Plan

            C) Fifth Five-Year Plan

            D) Fourth Five-Year Plan

            Option d – Fourth Five-Year Plan

            Which Five-Year Plan successfully met its growth target?

            A) Ninth Five-Year Plan

            B) Eleventh Five-Year Plan

            C) Tenth Five-Year Plan

            D) Eighth Five-Year Plan

            Option d – Eighth Five-Year Plan

            During which year of the Eighth Five-Year Plan did India join the World Trade Organization?

            A) 1948

            B) 1998

            C) 1995

            D) 1978

            Option c – 1995

            Which statement about India’s Five-Year Plans is correct?

            A) All plans recorded identical growth rates.

            B) The Planning Commission was created in 1951.

            C) The President was the ex-officio Chairperson of the Planning Commission.

            D) The First Five-Year Plan began in 1951.

            Option d – The First Five-Year Plan began in 1951.

            Which Five-Year Plan promoted the slogan “Food, work & productivity” to boost Food production, employment, and productivity?

            A) Ninth Five-Year Plan

            B) Seventh Five-Year Plan

            C) Sixth Five-Year Plan

            D) Eighth Five-Year Plan

            Option b – Seventh Five-Year Plan

            Because the Third Plan failed and issues like rupee devaluation and inflation arose, the Fourth Plan was delayed. How many Annual Plans were implemented instead?

            A) 3

            B) 4

            C) 2

            D) 1

            Option a – 3

            During the first seven Five-Year Plans, which trade strategy did India follow? ( Important mcqs on First Five Year Plan PDF )

            A) Inward-looking and outward trade

            B) Outward-looking trade

            C) Inward-looking trade

            D) Locking trade

            Option c – Inward-looking trade

            The Hill Area Development Programme was initiated during which Five-Year Plan? ( Important mcqs on First Five Year Plan PDF )

            A) Sixth Five-Year Plan

            B) Fifth Five-Year Plan

            C) Eighth Five-Year Plan

            D) Fourth Five-Year Plan

            Option b – Fifth Five-Year Plan

            Which of the following was NOT a socio-economic aim of the Industrial Policy Statement of 1980? ( Important mcqs on First Five Year Plan PDF )

            A) Protecting consumers from high prices and poor quality

            B) Promotion of export-oriented industries

            C) Greater employment generation

            D) Allowing maximum foreign direct investment

            Option d – Allowing maximum foreign direct investment

            Which period was observed as a “Plan Holiday” by the Indian government?

            A) 1965–1968

            B) 1967–1969

            C) 1966–1971

            D) 1966–1969

            Option d – 1966–1969

            The Fifth and Sixth Five-Year Plans mainly concentrated on which objective? ( Important mcqs on First Five Year Plan PDF )

            A) Industrial production

            B) Environmental protection

            C) Poverty reduction

            D) Employment generation

            Option c – Poverty reduction

            What was the targeted growth rate of India’s Second Five-Year Plan? ( Important mcqs on First Five Year Plan PDF )

            A) 2.1%

            B) 5.6%

            C) 4.5%

            D) 3.6%

            Option c – 4.5%

            What actual growth rate was achieved during the First Five-Year Plan? ( Important MCQs on First Five Year Plan PDF )

            A) 4.2%

            B) 2.6%

            C) 3.6%

            D) 2.1%

            Option c – 3.6%

            Between 1947 and 1990, how many Five-Year Plans were completed? ( Important MCQs on First Five Year Plan PDF )

            A) 6

            B) 7

            C) 5

            D) 8

            Option b – 7

            The Drought Prone Area Programme (DPAP) was introduced in which Five-Year Plan? ( Important MCQs on First Five Year Plan PDF )

            A) Sixth Five-Year Plan

            B) Seventh Five-Year Plan

            C) Third Five-Year Plan

            D) Fourth Five-Year Plan

            Option d – Fourth Five-Year Plan

            Which statement about India’s Five-Year Plans is accurate? ( Important MCQs on First Five Year Plan PDF )

            A) They always focused on growth of the tertiary sector.

            B) They allowed long-term government involvement in the Economy.

            C) They mainly promoted market-driven activities.

            D) They primarily encouraged private-sector growth.

            Option b – They allowed long-term government involvement in the Economy.

            The Harrod–Domar model was the basis for which Five-Year Plan? ( Important MCQs on First Five Year Plan PDF )

            A) First Five-Year Plan

            B) Third Five-Year Plan

            C) Fourth Five-Year Plan

            D) Second Five-Year Plan

            Option a – First Five-Year Plan

            The Mahalanobis model served as the foundation for which Five-Year Plan? ( Important MCQs on First Five Year Plan PDF )

            A) Sixth Five-Year Plan

            B) Second Five-Year Plan

            C) Fourth Five-Year Plan

            D) First Five-Year Plan

            Option b – Second Five-Year Plan

            Which statement regarding the Second Five-Year Plan is incorrect? ( Important MCQs on First Five Year Plan PDF )

            A) It SET up industries such as Electricity, railways, and steel.

            B) It emphasised rapid industrialisation of heavy and basic industries.

            C) It was founded on the Keynesian model.

            D) It reflected a socialist pattern of society.

            Option c – It was founded on the Keynesian model.

            Under which Industrial Policy was the investment limit for a tiny industry/unit raised to ₹2 lakh? ( Important MCQs on First Five Year Plan PDF )

            A) 1977

            B) 1991

            C) 1980

            D) 1956

            Option c – 1980

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