Planning in India


  1. Which one of the following is not the member of the National Development Council of India?









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    The National Development Council is presided over by the Prime Minister of India and includes all Union Ministers, Chief Ministers of all the States and Administrators of Union Territories and Members of the Planning Commission.

    Correct Option: D

    The National Development Council is presided over by the Prime Minister of India and includes all Union Ministers, Chief Ministers of all the States and Administrators of Union Territories and Members of the Planning Commission. Ministers of State with independent charge are also invited to the deliberations of the Council. The Governor of the state is not the member of the National Development council of India.


  1. Consider the following statements:
    (1) The state sets Broad Parameters and goals for the economy.
    (2) The targets to be achieved are broadly set by the state.
    (3) the plan is made for the specific time period of about 15 years.
    Which of the statements given above is/are correct about the Indicative planning?









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    Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in market and mixed economies increase economic performance.

    Correct Option: B

    Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in market and mixed economies increase economic performance. Regarding the indicative planning, state sets broad parameters and goals for the economy and the targets to be achieved are broadly set by the state.



  1. Consider the following statements :
    (1) In the history of Indian planning, the actual growth rate of the GDP has never been higher then the targeted growth rate.
    (2) In the first fiver year plan, the actual GDP growth rate was more then the targeted growth rate.
    Which of the statements given above is/are correct?









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    In the first Five Year Plan, the actual GDP growth rate was more than the targeted growth rate.

    Correct Option: B

    In the first Five Year Plan, the actual GDP growth rate was more than the targeted growth rate.


  1. During which plan was the National Bank for Agriculture and Rural Development (NABARD) established to facilitate the rural credit and agriculture development?









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    National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters in Mumbai.

    Correct Option: C

    National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters in Mumbai. It was established on 12 July 1982 in sixth five year plan by a special act by the parliament and its main forces and to uplift rural India by increasing the credit flow for elevation of agriculture and rural non-farm sector



  1. A Five Year Plan was severely affected by the immigration of huge number of people from Bangladesh was?









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    The 4th Five Year 1969-74 was severely affected by the immigration of huge number of people from Bangladesh.

    Correct Option: C

    The 4th Five Year 1969-74 was severely affected by the immigration of huge number of people from Bangladesh.