Chapter 11: Economics of Development and Planning March 12, 2024 Maven Leave a Comment Welcome to the Chapter 11: Economics of Development and Planning Quiz! This quiz is based on the book back questions. Name Email 1. Long-term plan is also known as --------------------- a) Progressive Plans b) Non-progressive Plans c) Perspective Plans d) Non-perspective Plans None 2. NITI Aayog was formed through------------------------ a) Presidential Ordinance b) Allocation of business rules by President of India c) Cabinet resolution d) None of the above None 3. The basic philosophy behind longterm planning is to bring------------ changes in the economy? a) Financial b) Agricultural c) Industrial d) Structural None 4. Expansion of NITI Aayog? a) National Institute to Transform India b) National Institute for Transforming India c) National Institution to Transform India d) National Institution for Transforming India None 5. Short-term plan is also known as------------------- a) Controlling Plans b) De-controlling Plans c) Rolling Plans d) De-rolling Plans None 6. Who wrote the book ‘The Road to Serfdom’? a) Friedrich Hayek b) H.R. Hicks c) David Ricardo d) Thomas Robert Malthus None 7. Planning Commission was set up in the year --------------- a) 1950 b) 1951 c) 1947 d) 1948 None 8. The Chair Person of NITI Aayog is a) Prime Minister b) President c) Vice – President d) Finance Minister None 9. Sarvodaya Plan was advocated by------------------ a) Mahatma Gandhi b) J.P. Narayan c) S. N Agarwal d) M.N. Roy None 10. Perspective plan is also known as ---- a) Short-term plan b) Medium-term plan c) Long-term plan d) None of the above None 11. The supply side vicious circle of poverty suggests that poor nations remain poor because a) Saving remains low b) Investment remains low c) There is a lack of effective government d) a and b above None 12. M.N. Roy was associated with --------------------- a) Congress Plan b) People’s Plan c) Bombay Plan d) None of the above None 13. The non-economic determinant of economic development a) Natural resources b) Human resource c) Capital formation d) Foreign trade None 14. Which is not the feature of economic growth? a) Concerned with developed nations b) Gradual change c) Concerned with quantitative aspect d) Wider concept None 15. Which of the following plan has focused on the agriculture and rural economy? a) People’s Plan b) Bombay Plan c) Gandhian Plan d) Vishveshwarya Plan None 16. Which of the following country adopts indicative planning? a) France b) Germany c) Italy d) Russia None 17. Economic growth measures the --------------- a) Growth of productivity b) Increase in nominal income c) Increase in output d) None of the above None 18. Arrange following plans in correct chronological order. a) People’s Plan b) Bombay Plan c) Jawaharlal Nehru Plan d) Vishveshwarya Plan a) (i) (ii) (iii) (iv) b) (iv) (iii) (ii) (i) c) (i) (ii) (iv) (iii) d) (ii) (i) (iv) (iii) None 19. "Redistribution with Growth" became popular slogan in which approach? a) Traditional approach b) New welfare oriented approach c) Industrial approach d) None of the above None 20. Which among the following is a characteristic of underdevelopment? a) Vicious circle of poverty b) Rising mass consumption c) Growth of Industries d) High rate of urbanization None Time's up Related Posts:Chapter 9: Development Experiences in IndiaChapter 25 : Government Schemes for Entrepreneurial…Chapter 1: Introduction to Micro EconomicsChapter 12: Mathematical Methods for Economics
Leave a Reply