Planning in India Objective Questions | Objective Questions on Planning & Economic Development

Fundamentals of Indian Economy and Planning Questions and Answers | GK Quiz on Economic Planning of India Set 2

Hello, aspirants are you preparing for UPSC/APSC or any other Govt Exams 2022? If yes, then you must be aware of the most important Indian Economic Planning Quiz for UPSC IAS Prelims 2022 for the upcoming exam preparation. Therefore every aspirants need to know the important Questions and Answers on Planning in India for UPSC & APSC and other govt exams. In this regard “World_Polity” decides to provide you the most important Planning in India Objective Questions for UPSC & Objective Questions on Planning & Economic Development of India for the upcoming UPSC IAS Prelims. Infact the Planning in India Objective Questions and answers will be a key topic in the Indian Economy section for the upcoming exams. So the Objective Questions on Planning & Economic Development of India for UPSC/APSC 2022 will be a pedestrian to crack your exam.

GK Quiz on Economic Planning of India

Planning in India and Indian Economy Objective Questions

In this article we have provided you most important Planning in india and indian economy objective questions and answers for the upcoming competitive examination. So, read all these important Indian Planning Quiz for the upcoming UPSC Prelims & Mains exam as well as other state govt exams. These Indian Planning objective Questions and Answers are extremely important and should be a part of your preparation.

GK Quiz on Economic Planning of India 

In order to succeed in the prestigious competitive examination, it is important that the aspirant has access to the all the Indian economy GK questions & Answers. Specially the toppers of UPSC recommend that aspirant start their preparation with the most important topics of syllabus such as Indian economy – GK Quiz on Economic Planning of India for the upcoming exams.

Fundamentals of Indian Economy and Planning Questions and Answers 

In this sets of Indian Planning Quiz there are two very important GK Quiz on Planning in India. They are : 

1. Who was the first chairman of the planning commission of india? 

Ans : Prime Minister Jawaharlal Nehru

2. The 11th Five-Year Plan has been named as —

Ans : Towards Infrastructural and Agricultural Growth

• Must visit : Fathers of Important Subjects for APSC

Fundamentals of Indian Economy and Planning

Role of Planning Accelerating In India : Economic Growth :

There were two main features o f India’s economic policy that emphasized the role of planning and intervention by the State in the development process of the Indian economy in the first three decades of planning. 

First, to accelerate economic growth economists and planners recognized that raising the rate of saving and investment was essential to accelerate the rate of economic growth. It was thought that the private sector on its own would not be able to achieve a higher rate of saving and investment required to break th e vicious circle of poverty. Therefore, the state had to intervene to raise resources and increase the rate of saving and investment. This made the planning and the expansion of the public sector essential to accelerate economic growth. Emphasis on Industrialisation.

Second, the strategy of development, adopted since the adoption of Second Five Year Plan which was based on Mahalanobis growth model, laid stress on the industrialisation with an emphasis on the development of basic  heavy industries and capital goods industries.

Economic planning refers to any plans of economic activity which point to achieve specific social and economic outcomes. The term economic planning is used to describe the long term plans of the government of India to develop and coordinate the economy with efficient utilization of resources.The planning mechanism should have some general goals as well as specific objectives which are to be achieved within a specified period of time.

The philosophy of planning is that only markets and price systems cannot ensure the welfare of citizens. Apart from this, there are economic requirements such as investment in infrastructure, investment in public goods such as transport, and other public utility which are enjoyed by the society.

Planning in India Objective Questions for UPSC Prelims 2022

Here are a total 40 GK Quiz on Planning in India Objective Questions for UPSC IAS Prelims 2022. Read all these important Indian Polity Quiz for UPSC in order to answer the questions :

1. Who is the father of Indian planning?

Ans : Sir M. Vishweshwaraiah

2. Who is the architect of Indian planning?

Ans : Jawaharlal Nehru

3. Who was the father of India’s five year planning?

Ans : Jawaharlal Nehru

4. Who introduced Bombay Plan?

And : J R D Tata

5. Who gave the idea of planning?

Ans : Sir M. Visvesvaraya (In 1934)

6. Which is the most important body connected with planning in India?

Ans : Planning Commission (India)

7. Who first made economic planning for India?

Ans : Sir M Visvesvaraya

8. Who gave Gandhian plan?

Ans : Shriman Narayan Aggarwal

9. Who gave Sarvodaya plan in India?

Ans : Jayaprakash Narayan

10. Which country introduced state planning first in the world?

Ans : the Soviet Union

11. Who started liberalisation in India?

Ans : Manmohan Singh

12. When did Bombay Plan proposed?

Ans : 1944/1945

13. When was the first Five Year Plan implemented India?

Ans : 1951- 1956

14. Who appoints NITI Aayog vice chairman?

Ans : the Prime Minister

15. Who introduced LPG reforms in India?

Ans : Manmohan Singh

16. When did Planning Commission dissolved?

Ans : 17 August 2014

17. Who appoints NITI Aayog vice chairman?

Ans : the Prime Minister

18. WHO recommended Planning Commission?

Ans : KC Neogy

19. Which was the last Five Year Plan in India?

Ans : 12th Five Year Plan

20. When was planning commission established?

Ans : 15 March 1950

21. Who is the last vice-chairman of Planning Commission?

Ans : Montek Singh Ahluwalia

22. What is the main objective of Indian planning?

Ans : The main objective of Indian planning is to achieve the goal of economic development.

23. Which type of body is Planning Commission?

Ans : It is a non-constitutional (not created by the Constitution) and a non-statutory body (not created by an act of Parliament).

24. Is Planning Commission a quasi political body?

Ans : Yes, it is a quasi-political body of government of India.

25. What are the seven pillars of NITI Aayog?

Ans : (1) Pro-People (2) Pro-Activity (3) Participation (4) Empowering (5) Inclusion of all (6) Equality (7) Transparency.

26. Which Commission is regarded as think tank by the Indian government?

Ans : The National Institution for Transforming India (NITI) Aayog

27. How many sectors are targeted in the make in India Programme?

Ans : 25 sectors

28. Which programme given the slogan of Garibi Hatao?

Ans : 5th five-year plan

29. In which five-year plan India opted for a mixed economy?

Ans : Second

30. When was the plan holiday declared?

Ans : 1966-69

31. Who gives the final approval to the five-year plans of India?

Ans : National Development Council (NDC)

32. The very first five-year plan of India was based on the model of :

Ans : Harrod Domar Model

33. What as the prime target of the first five-year plan of India?

Ans : Development of Agriculture

34. Jawahar Rojgar Yojna was launched in : 

Ans : 7th five year plan

35. National Development Council was constituted in?

Ans : August 6, 1952

36. ‘Twenty Point Programme” was launched in the year?

Ans : 1980

37. Hydroelectric power projects and five steel plants were planned in which 5-year plan?

Ans : Second

38. 2nd five-year plan is based on which model?

Ans : Nehru-Mahalanobis model

39. After which 5-year plan government nationalized 14 major Indian banks?

Ans : 4th

40. In which 5 year plan The Indian national highway system was introduced?

Ans : 5th

Planning in India Objective Questions : Set 1

GK Questions and Answers on NITI AAYOG

Planning Commission of India for APSC

Download General Knowledge E-book for Competitive Exam – Click Here

Now World_Polity is on every platform you can connect with us by just clicking the below social media links. Thank You.