Q: The architect of the Second Five Year Plan was :

A: Mahatma Gandhi

B: Subhash Chandra Bose

C: P. C. Mahalanobis

D: None of them



P. C. Mahalanobis


Q: Plan finance creates increase of money supply if there is

A: increase in taxes

B: increase in loan from the Reserve Bank of India

C: increase in loan from commercial Banks

D: increase in loan from general public



increase in taxes


Q: Which among the following in India has the function of recommending Minimum Support Prices for various commodities to the Government ?

A: National Farmers Commission

B: Commission for Agricultural Costs and Prices

C: Central Statistical organization

D: Department of Agriculture



Commission for Agricultural Costs and Prices


Q: The Mahalanobis strategy of Indian Planning gave emphasis to the growth of:

A: Agricultural sector

B: Services sector

C: Heavy Capital Goods Industrial sector

D: Small scale Village Industrial sector



Heavy Capital Goods Industrial sector


Q: Planning Commission of India was set up by :

A: Morarji Desai

B: T T Krishnamachari

C: Jawaharlal Nehru

D: None of the above



Jawaharlal Nehru


Q: Major part of the Indian agriculture is characterized by

A: Large size farm

B: Capitalist agriculture

C: Small size farm

D: Co-operative farm



Small size farm


Q: The Special Economic Zones Act was passed by the Indian Parliament in 2005 and the Act came into force in:

A: 2006

B: 2009

C: 2010

D: 2012



2006


Q: Parallel economy refers to:

A: Traditional economy

B: Black money

C: Agriculture based economy

D: Socialist economy



Black money


Q: Scheme run under MGNREGA are sponsored :

A: by the Central Government alone

B: by the State Government alone

C: partly by the Central Government and partly by the State Government

D: by Centre, State and Panchayat bodies together



partly by the Central Government and partly by the State Government


Q: Economic growth is usually coupled with ___________.

A: deflation

B: inflation

C: Stagflation

D: hyper inflation



inflation
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