Planning in India


  1. Which of the following terms is not a financial term?









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    All the above given terms are not a financial term. RTGS (Real Time Gross Settlement) is fund transfer system, core banking solutions like treasury and investment are all processes not financial term.

    Correct Option: D

    All the above given terms are not a financial term. RTGS (Real Time Gross Settlement) is fund transfer system, core banking solutions like treasury and investment are all processes not financial term.


  1. During which Five Year Plan, the price level in Indian economy showed a decline ?









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    During first Five Year Plan (1951-56) the price level in Indian economy showed a decline because of rapid agricultural development and measures to control inflation as there was disequilibrium due to second world war and partition of economy.

    Correct Option: A

    During first Five Year Plan (1951-56) the price level in Indian economy showed a decline because of rapid agricultural development and measures to control inflation as there was disequilibrium due to second world war and partition of economy.



  1. As per 13th Finance Commission Recommendations during 2010-15, transfers to the states from the central tax pool are expected to be -









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    ₹ 318581 crore

    Correct Option: C

    ₹ 318581 crore


  1. The major emphasis on the first five year plan of India was









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    The major emphasis on the first five year plan of India was the agriculture sector. At the time of first plan (1951-56), India faced severe food shortage and inflation. Accordingly the first plan emphasized on rapid agricultural development so as to achieve food self sufficiency and control inflation.

    Correct Option: A

    The major emphasis on the first five year plan of India was the agriculture sector. At the time of first plan (1951-56), India faced severe food shortage and inflation. Accordingly the first plan emphasized on rapid agricultural development so as to achieve food self sufficiency and control inflation.



  1. Pan card issued by the Income Tax Department can't be used for which of the following purpose?









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    Permanent Account Number (PAN) card is unique alphanumeric combination. It is issued by the Indian Income Tax Department. It serves as an important ID proof, date of birth proof and proof of taxpayer. However it can't be used for the purpose of address proof.

    Correct Option: A

    Permanent Account Number (PAN) card is unique alphanumeric combination. It is issued by the Indian Income Tax Department. It serves as an important ID proof, date of birth proof and proof of tax payer. However it can't be used for the purpose of address proof.