Indian Economy Textbook Questions – Five Year Plan Models · Planning Commission · NITI Aayog (Part 2)

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Indian Economy Textbook Questions – Five Year Plan Models · Planning Commission · NITI Aayog (Part 2) – 21 questions, subject: Economy. 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 nationalisation of 14 banks (19.7.1969) took place during which plan?

Correct Answer: C [Fourth Plan]

Explanation:

The Fourth Plan began on 1.4.1969.

2.  
Which statements about the Tenth Plan are correct?
  1. Its period was 2002–07.
  2. Its literacy target was 75%.
  3. Its growth target was 10%.

Correct Answer: B [1, 2 only]

Explanation:

The growth target was 8%.

3.  
"Faster, More Inclusive and Sustainable Growth" was the theme of which plan?

Correct Answer: D [12th Plan]

Explanation:

"Sustainable" = 12th Plan; otherwise 11th Plan.

4.  
Which pair is incorrectly matched?

Correct Answer: B [Third Plan – 1966–69]

Explanation:

The Third Plan was 1961–66; 1966–69 = Plan holiday.

5.  
Which plans achieved or exceeded their growth targets?
  1. First Plan
  2. Third Plan
  3. Seventh Plan
  4. Eighth Plan

Correct Answer: A [1, 3, 4 only]

Explanation:

Third Plan: target 5.6%, achieved 2.8%.

6.  
Who are NOT members of the Governing Council of NITI Aayog?

Correct Answer: D [Governors of States]

Explanation:

Governors are not members.

7.  
Which is NOT one of the seven pillars of NITI Aayog?

Correct Answer: D [Human capital]

Explanation:

The seven: pro-people, pro-activity, participation, empowering, inclusion of all, equality, transparency.

8.  
When was NITI Aayog's "Strategy for New India @75" released?

Correct Answer: C [19.12.2018]

Explanation:

1.8.2017 = Three-Year Action Agenda date (released by the Finance Minister on 24.8.2017).

9.  
What were Tamil Nadu's score and rank in the SDG India Index 2023-24?

Correct Answer: A [78, third]

Explanation:

79 = Kerala, Uttarakhand; 77 = Goa; 71 = India.

10.  
Assertion (A): A rolling plan is called a "continuous plan".
Reason (R): In it the targets are revised every year and the plan is extended by one year.

Correct Answer: A []

Explanation:

It is continuous because it is extended every year.

11.  
Which pair is incorrectly matched?

Correct Answer: D [People's Plan – Jayaprakash Narayan]

Explanation:

People's Plan = M.N. Roy; J.P. = Sarvodaya Plan.

12.  
Which statements on planning committees are correct?
  1. Not less than four-fifths of a District Planning Committee are elected members.
  2. Not less than two-thirds of a Metropolitan Planning Committee are elected members.
  3. A metropolitan area has a population of 5 lakh or more.

Correct Answer: B [1, 2 only]

Explanation:

A metropolitan area = 10 lakh (Article 243P).

13.  
Arrange chronologically: (1) Ashok Mehta Committee (2) G.V.K. Rao Committee (3) Balwant Rai Mehta Committee (4) L.M. Singhvi Committee

Correct Answer: A [3 1 2 4]

Explanation:

1957 → 1977 → 1985 → 1986.

14.  
Which is NOT a feature of the Nehru–Mahalanobis strategy?

Correct Answer: C [Export-led growth with removal of import controls]

Explanation:

It promoted import substitution; export-led growth came after 1991.

15.  
Assertion (A): The Third Plan did not achieve its growth target.
Reason (R): The wars of 1962 and 1965 and the drought of 1965–66 hit the economy.

Correct Answer: A []

Explanation:

Target 5.6%, achieved 2.8%.

16.  
Match the plan with its theme or objective:
a. Ninth Plan1. Faster, more inclusive and sustainable growth
b. Tenth Plan2. Faster and more inclusive growth
c. 11th Plan3. Growth with social justice and equality
d. 12th Plan4. Doubling per capita income in ten years

Correct Answer: C [3 4 2 1]

Explanation:

Ninth 3, Tenth 4, 11th 2, 12th 1.

17.  
Which statements on the gaps between plans are correct?
  1. The Plan holiday had three annual plans.
  2. The rolling plan was introduced by the Janata government.
  3. The 1990–92 annual plans were due to political instability.
  4. The New Economic Policy was announced during the Eighth Plan.

Correct Answer: D [1, 2, 3 only]

Explanation:

The New Economic Policy was announced in July 1991, during the annual plans.

18.  
Which statements about NITI Aayog are correct?
  1. There are at most two part-time members.
  2. There are at most four Union ministers as ex-officio members.
  3. The CEO is appointed by the President.

Correct Answer: B [1, 2 only]

Explanation:

The CEO is appointed by the Prime Minister.

19.  
Assertion (A): NITI Aayog does not allocate funds to States.
Reason (R): NITI Aayog is a think tank set up by an Act of Parliament.

Correct Answer: C []

Explanation:

It was set up by a Cabinet resolution, not an Act.

20.  
Which pair is correctly matched?

Correct Answer: B [Pro-activity – citizens' needs]

Explanation:

Empowering = women; equality = youth.

21.  
Arrange from top as per the Export Preparedness Index 2022: (1) Karnataka (2) Tamil Nadu (3) Gujarat (4) Maharashtra

Correct Answer: D [2 4 1 3]

Explanation:

Tamil Nadu 80.89, Maharashtra 78.20, Karnataka 76.36, Gujarat 73.22.

? Full lessons and explanations – Indian Economy PDF textbook (₹299): www.shanmugamiasacademy.in/study-materials/tnpsc-gs-unit-5-indian-economy

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