UPSC Post-Independence India – Chapter 7: Planned Development and the Mixed Economy (22 MCQs)

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UPSC Post-Independence India – Chapter 7: Planned Development and the Mixed Economy (22 MCQs) – 22 questions, subject: History. Every question has the correct answer with a one-line explanation; tap "Show Answer". Free practice for TNPSC, UPSC, SSC, Bank and RRB exams – Shanmugam IAS Academy, Coimbatore.

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1.  

The Planning Commission was set up on:

Correct Answer: C [15 March 1950]

Explanation:

The Planning Commission was created by a Cabinet resolution of 15 March 1950, with Prime Minister Nehru as its chairman.

2.  

The Second Five-Year Plan was based on the model of:

Correct Answer: D [P.C. Mahalanobis]

Explanation:

P.C. Mahalanobis designed the Second Plan model, stressing rapid industrialisation through heavy and basic industry.

3.  

The Bombay Plan of 1944 was prepared by:

Correct Answer: A [leading industrialists]

Explanation:

The Bombay Plan of 1944 was drawn up by leading industrialists such as J.R.D. Tata and G.D. Birla.

4.  

The steel plant at Bhilai was set up with the help of:

Correct Answer: D [the Soviet Union]

Explanation:

Bhilai, one of the three Second Plan steel plants, was built with Soviet collaboration.

5.  

The Community Development Programme was launched on:

Correct Answer: B [2 October 1952]

Explanation:

The CDP was launched on Gandhi Jayanti, 2 October 1952, with the block as the unit of rural development.

6.  

The "socialistic pattern of society" was adopted as a goal at the Congress session of:

Correct Answer: D [Avadi (1955)]

Explanation:

The Avadi session of January 1955 adopted the socialistic pattern of society, later written into the IPR of 1956.

7.  

The Imperial Bank of India became the State Bank of India in:

Correct Answer: C [1955]

Explanation:

Under the State Bank of India Act, 1955, the Imperial Bank of India became the State Bank of India on 1 July 1955.

8.  

Under the Industrial Policy Resolution of 1956, industries reserved exclusively for the State were listed in:

Correct Answer: B [Schedule A]

Explanation:

Schedule A of the IPR 1956 listed industries whose future development was the exclusive responsibility of the State.

9.  

The Balwantrai Mehta Committee (1957) recommended:

Correct Answer: C [three-tier Panchayati Raj]

Explanation:

Finding little people's participation in the CDP, the Mehta Committee recommended democratic decentralisation through three-tier Panchayati Raj.

10.  

Consider the following statements:

1. The National Development Council was set up in 1952.
2. The First Five-Year Plan gave priority to agriculture and irrigation.
3. The Planning Commission was created by an Act of Parliament.

Which of the statements given above is/are correct?

Correct Answer: B [1 and 2 only]

Explanation:

The NDC dates from 1952 and the First Plan prioritised agriculture and irrigation; the Planning Commission was not created by an Act.

11.  

Assertion (A): The Third Five-Year Plan failed to meet its targets.

Reason (R): The wars of 1962 and 1965 and the droughts of 1965–66 strained the economy.

Correct Answer: A [Both A and R are true, and R is the correct explanation of A]

Explanation:

The Third Plan missed its targets because the 1962 and 1965 wars and the 1965–66 droughts diverted resources and cut output.

12.  

The People's Plan of 1945 was prepared by:

Correct Answer: A [M.N. Roy]

Explanation:

The radical humanist M.N. Roy prepared the People's Plan of 1945, which gave priority to agriculture.

13.  

The period 1966–69, when Annual Plans replaced a Five-Year Plan, is known as the:

Correct Answer: B [plan holiday]

Explanation:

After the Third Plan, three Annual Plans (1966–69) replaced a Five-Year Plan; this gap is called the plan holiday.

14.  

Life insurance was nationalised and the LIC formed in:

Correct Answer: D [1956]

Explanation:

Life insurance was nationalised in 1956 and the Life Insurance Corporation of India was formed under the LIC Act, 1956.

15.  

The National Planning Committee of 1938 was chaired by:

Correct Answer: D [Jawaharlal Nehru]

Explanation:

Jawaharlal Nehru chaired the National Planning Committee set up in 1938 by Congress President Subhas Chandra Bose.

16.  

Licensing of private industry was introduced by the:

Correct Answer: B [Industries (Development and Regulation) Act, 1951]

Explanation:

The Industries (Development and Regulation) Act, 1951 required private firms to obtain licences to set up or expand industries.

17.  

Arrange the following in chronological order:

1. Planning Commission set up
2. Industrial Policy Resolution of 1956
3. Bombay Plan
4. Community Development Programme launched

Select the correct answer using the code given below:

Correct Answer: C [3-1-4-2]

Explanation:

Order: Bombay Plan (1944) → Planning Commission set up (1950) → Community Development Programme launched (1952) → Industrial Policy Resolution of 1956 (1956).

18.  

The Damodar Valley Corporation was set up in:

Correct Answer: A [1948]

Explanation:

The Damodar Valley Corporation was set up in 1948 as India's first multipurpose river valley project.

19.  

Who chaired the National Development Council?

Correct Answer: B [the Prime Minister]

Explanation:

The Prime Minister chaired the NDC, which also included Union Cabinet ministers, Chief Ministers and Planning Commission members.

20.  

Which steel plant of the Second Plan period was set up with British help?

Correct Answer: A [Durgapur]

Explanation:

Durgapur steel plant in West Bengal was built during the Second Plan with British collaboration.

21.  
UPSC Prelims 2000

"...instil into the vast millions of workers, men and women, who actually do the job, a sense of partnership and of cooperative performance..." The above passage relates to:

Correct Answer: B [Community Development]

Explanation:

the passage describes the spirit of the Community Development Programme (1952), which sought people's participation in rural development.

22.  
UPSC Prelims 2009

In the context of independent India's economy, which one of the following was the earliest event to take place?

Correct Answer: C [Enactment of Banking Regulation Act]

Explanation:

the banking law was enacted in 1949 (as the Banking Companies Act, renamed the Banking Regulation Act in 1966).

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