Chapter 11: Economics of Development and PlanningMarch 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. Economic growth measures the --------------- a) Growth of productivity b) Increase in nominal income c) Increase in output d) None of the above None 2. 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 3. Which of the following country adopts indicative planning? a) France b) Germany c) Italy d) Russia None 4. M.N. Roy was associated with --------------------- a) Congress Plan b) People’s Plan c) Bombay Plan d) None of the above None 5. 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 6. "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 7. The non-economic determinant of economic development a) Natural resources b) Human resource c) Capital formation d) Foreign trade None 8. 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 9. 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 10. 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 11. Long-term plan is also known as --------------------- a) Progressive Plans b) Non-progressive Plans c) Perspective Plans d) Non-perspective Plans None 12. The Chair Person of NITI Aayog is a) Prime Minister b) President c) Vice – President d) Finance Minister None 13. Planning Commission was set up in the year --------------- a) 1950 b) 1951 c) 1947 d) 1948 None 14. 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 15. Sarvodaya Plan was advocated by------------------ a) Mahatma Gandhi b) J.P. Narayan c) S. N Agarwal d) M.N. Roy None 16. 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 17. Short-term plan is also known as------------------- a) Controlling Plans b) De-controlling Plans c) Rolling Plans d) De-rolling Plans None 18. Perspective plan is also known as ---- a) Short-term plan b) Medium-term plan c) Long-term plan d) None of the above None 19. The basic philosophy behind longterm planning is to bring------------ changes in the economy? a) Financial b) Agricultural c) Industrial d) Structural None 20. Who wrote the book ‘The Road to Serfdom’? a) Friedrich Hayek b) H.R. Hicks c) David Ricardo d) Thomas Robert Malthus None Time's upRelated Posts:Chapter 25 : Government Schemes for Entrepreneurial…Chapter 9: Development Experiences in IndiaChapter 10: Environmental EconomicsChapter 9: Fiscal Economics
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